Distributional Effects of Environmental and Energy Policy by Don Fullerton

By Don Fullerton

Many results of environmental and effort coverage are inclined to disproportionately burden people with low source of revenue. First, it increases the cost of fossil-fuel-intensive items that represent a excessive fraction of low-income budgets (like fuel, heating gas and electricity). moment, the handout of toxins allows to enterprises presents price to people who personal them. 3rd, low-income participants might position extra price on nutrients and look after than on advancements in environmental caliber, so high-income members may well get the main advantage of pollutants abatement. Fourth, air caliber advancements may perhaps elevate the price of homes owned through landlords, instead of assisting renters. those results may possibly all harm the bad greater than the wealthy. This ebook brings jointly the seminal economics literature that stories no matter if those fears are legitimate and no matter if something should be performed approximately them.

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