Deteriorating environmental problem: how can government constrain environmental degradation through economic policies?

Authors

  • Wanting You Shenzhen College of International Education

DOI:

https://doi.org/10.47611/jsrhs.v11i1.2350

Keywords:

Carbon emission, environmental economics, policy, environment, climate change

Abstract

China has replaced the USA and become the main emitter of carbon since 2006, global environmental issue especially the climate change is deteriorating. Therefore, it is urgent for countries to design policies to deal with the climate change and constrain increasing carbon emission. However, countries got stuck into a dilemma: developing economy will prompt production thus causing pollution and hindering the improvement of environment. This article will mainly analyze four possible economic policies—taxation, tradable permits, subsidies and government regulation— that countries can carry out to reduce, halt, and reverse environmental degradation by providing rationales and data to prove their effectiveness. And sufficient evidences conclude that subsidizing on alternative resources can truly help countries to develop economy without hurting the environment.

Downloads

Download data is not yet available.

References or Bibliography

AVERE. (2012, March 9). Norwegian Parliament extends electric car iniatives until

https://web.archive.org/web/20131024170630/http://www.avere.org/www/newsMgr.ph

p?action=view&frmNewsId=611&section=&type=&SGLSESSID=tqiice0pmjdclt7l4q0s3s1o

Beach& Hanlon. (2017, November 18). Coal Smoke and Mortality in an Early Industrial

Economy. Wiley Online Library. https://onlinelibrary.wiley.com/doi/full/10.1111/ecoj.12522.

Central Intelligence Agency. (2017). Norway-Energy. Norway-The World Factbook.

https://www.cia.gov/the-world-factbook/countries/norway/#energy

Central Intelligence Agency. (2017). Sweden-Energy. Sweden-The World Factbook.

https://www.cia.gov/the-world-factbook/countries/sweden/#energy.

Garside, M. (2021, July 29). Coal consumption by country 2020. Statista. https://www.statista.com/statistics/265510/countries-with-the-largest-coal-consumption/.

International Energy Agency. (2020). Global energy REVIEW: Co2 emissions in 2020 – ANALYSIS. IEA. https://www.iea.org/articles/global-energy-review-co2-emissions-in-2020.

International Energy Agency. (2020, June 1). Electric vehicles – analysis. IEA.

https://www.iea.org/reports/electric-vehicles.

International Energy Agency. (2021). National budget 2021 - research on hydrogen – Policies. IEA. https://www.iea.org/policies/13641-national-budget-2021-research-on-hydrogen.

International Energy Agency. (2021). Vat exemption for electric cars – policies. IEA. https://www.iea.org/policies/12682-vat-exemption-for-electric-cars.

International Monetary Fund. (2021, January 1). World economic Outlook Update, January 2021: Policy support and Vaccines expected to LIFT ACTIVITY. IMF. https://www.imf.org/en/Publications/WEO/Issues/2021/01/26/2021-world-economic-outlook-update.

Kim, K. (2019, April 15). Elasticity of substitution of renewable energy for nuclear POWER: Evidence from the KOREAN electricity industry. Nuclear Engineering and Technology. https://www.sciencedirect.com/science/article/pii/S1738573319300373#!

United Nations. (2010). Population Facts : International Migrants by Age. Population

Facts.https://www.un.org/en/development/desa/population/publications/pdf/popfacts/popfacts

_2010-6.pdf

United States Environmental Protection Agency. (2020). Progress Cleaning the Air and Improving People's Health. EPA. https://www.epa.gov/clean-air-act-overview/progress-cleaning-air-and-improving-peoples-health#pollution.

United States Environmental Protection Agency. (2020). Summary of the Clean Air Act. EPA. https://www.epa.gov/laws-regulations/summary-clean-air-act

United States Environmental Protection Agency. (2020). Summary of the Clean Water Act. EPA. https://www.epa.gov/laws-regulations/summary-clean-water-act.

United States Environmental Protection Agency. (2020). EPA's Budget and Spending. EPA. https://www.epa.gov/planandbudget/budget

University of California, Davis. (2020, May 13). Carbon Sequestration. Science and Climate.

https://climatechange.ucdavis.edu/science/carbon-sequestration/

World Bank. (2020). Carbon Pricing Dashboard | Up-to-date overview of carbon pricing initiatives. https://carbonpricingdashboard.worldbank.org/map_data.

World Resources Institute. (2020). Global forest Review: World Resources Institute Research. Global forest Review. https://research.wri.org/gfr/global-forest-review.

Published

03-13-2023

How to Cite

You, W. (2023). Deteriorating environmental problem: how can government constrain environmental degradation through economic policies?. Journal of Student Research, 11(1). https://doi.org/10.47611/jsrhs.v11i1.2350

Issue

Section

HS Research Projects