Continuing our series on the environment John Manning and Richard White PricewaterhouseCoopers LLP look at current tax policies for incentivising the real estate and construction industries into going greener
What behaviour should be changed?
The Stern Report recommended three key policies to cut greenhouse gas emissions and stabilise global warming: putting a price on carbon; urgently boosting low-carbon technologies; and encouraging people to change their behaviour.
The report states that 'Putting an appropriate price on carbon — explicitly through tax or trading or through legislation — means that people are faced with the full social cost of their actions. In order to influence behaviour and investment decisions investors and consumers must believe that the...
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Continuing our series on the environment John Manning and Richard White PricewaterhouseCoopers LLP look at current tax policies for incentivising the real estate and construction industries into going greener
What behaviour should be changed?
The Stern Report recommended three key policies to cut greenhouse gas emissions and stabilise global warming: putting a price on carbon; urgently boosting low-carbon technologies; and encouraging people to change their behaviour.
The report states that 'Putting an appropriate price on carbon — explicitly through tax or trading or through legislation — means that people are faced with the full social cost of their actions. In order to influence behaviour and investment decisions investors and consumers must believe that the...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: