"Polluter pays" principle

TR Number

Date

2001

Journal Title

Journal ISSN

Volume Title

Publisher

Makati City, Philippines: Philippine Institute for Development Studies

Abstract

The "polluter pays" principle aims at ensuring that the costs of environmental control fall in the first place on the polluters, thereby ensuring that market forces take these costs into account and that resources would be allocated accordingly in production and consumption.

Description

Keywords

Water policy, Environmental impacts, Environmental law, Economic impacts, Conservation incentives, Pollution control, Water pollution, Adoption of innovations, "Polluter pays" principle, Command-and-control principle, Pollution abatement, Farm/Enterprise Scale Governance

Citation

Philippine Institute for Development Studies, Economic Issue of the Day 2(3)