Culture, Society, and Environmental Quality Flashcards
1
Q
Green Tax
A
A fiscal policy that lowers tax on income, including wages and profit, and raises taxes on consumption, particularly the unsustainable consumption of nonrenewable resources
2
Q
Market Permits
A
When companies are allowed to buy permits that allow them a certain amount of discharge of substances into certain environmental outlets; if they can reduce their amount of discharge, they ar allowed to sell the remaining portion of their permit to another company
