ABSTRACT

Every year, the world's governments spend over US $700 billion subsidizing activities that harm the environment. The Natural Wealth of Nations shows how cutting these wasteful subsidies can actually boost the economy, save tax and help the environment. By raising taxes on harmful activities like air pollution whilst cutting taxes on payrolls and profits, pollution is discouraged and both work and investment boosted. In a comprehensive global survey, The Natural Wealth of Nations provides examples from Sweden to Spain to Malalysia of the growing number of countries that are successfully using these market-based approaches to clean up their environments. This is an accessible, practical book offering concrete proposals for cleaning up the world?s environment and overcoming ecological ignorance.

chapter 1|13 pages

Harnessing the Market

part 1|64 pages

The Price of Paying the Polluter

chapter 2|14 pages

Subsidy Anatomy

chapter 3|16 pages

Resource Subsidies

chapter 4|15 pages

Cash Subsidies

chapter 5|17 pages

Infrastructure Subsidies

part II|74 pages

New Directions

chapter 6|16 pages

Reforming Subsidies for the Polluter

chapter 7|19 pages

Capturing Resource Windfalls

chapter 8|14 pages

Paying the Non-Polluter

chapter 9|23 pages

Taxing the Polluter

part III|80 pages

From Theory to Practice

chapter 11|17 pages

Making Reform Fair

chapter 12|8 pages

Tax Cuts

chapter 13|15 pages

An Eco-Industrial Revolution

chapter 14|23 pages

The Political Marketplace