Externalisation – harmful emissions from commercial and civil activities – represents a negative side of the way business is carried out today. Economic growth on one side brings profits to business owners while externalisation on the other flips the costs of emissions over onto citizens, who via taxes must bear the cost of environmental clean-up. The challenge for economists and scientists is to come up with ways of managing pollution-producing substances in a way that both supports economic activities and preserves the environment.
This workshop covers the reasoning behind the mechanism from scientific, economic and practical angles and then presents the mechanism itself in enough detail for delegates to be able to explore possibilities for introduction of the mechanism in their own work





