Open AccessGreen Pricing in the A sia P acific: An Idea Whose Time Has Come?
Author(s) -
Burke Paul J.
Publication year - 2014
Publication title -
asia and the pacific policy studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.529
H-Index - 14
ISSN - 2050-2680
DOI - 10.1002/app5.39
Subject(s) - externality , subsidy , economics , politics , microeconomics , resource (disambiguation) , natural resource economics , public economics , market economy , political science , computer science , computer network , law
This article discusses the potential benefits of an enhanced use of externality pricing schemes in the A sia P acific. Prices on emissions and congestion could ameliorate the negative effects of underpriced resource use, be pro‐poor and improve fiscal capacities. The main implementation challenges are political and institutional. Lessons are drawn from recent experiences in environmental taxation and the removal of fossil fuel subsidies.