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Difference between revisions of "Incentives for sustainability"

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'''Incentives''' for sustainable action take several forms:
 
'''Incentives''' for sustainable action take several forms:
  
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!Incentive!!Advantages!!Disadvantages
 
!Incentive!!Advantages!!Disadvantages
 
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|Personal satisfaction or sense of responsibility|| ||Only a small minority will take serious action. (Many us are well-intentioned but don't get far beyond good intentions.)
 
|Personal satisfaction or sense of responsibility|| ||Only a small minority will take serious action. (Many us are well-intentioned but don't get far beyond good intentions.)
 
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|Social pressure/conformity
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|Social pressure/conformity||No cost||
 
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|Regulation|| ||Possibility of corruption? Depends on an authority to make decisions - likely to be less creative than a more open approach.  
 
|Regulation|| ||Possibility of corruption? Depends on an authority to make decisions - likely to be less creative than a more open approach.  
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|Markets (e.g. carbon trading)||Potential disadvantage: If allocations are given to existing emitters, that effectively rewards polluters.||Strong motivation of personal gain; efficient allocation of resources.  
 
|Markets (e.g. carbon trading)||Potential disadvantage: If allocations are given to existing emitters, that effectively rewards polluters.||Strong motivation of personal gain; efficient allocation of resources.  
 
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Note that increased awarness and access to information can help people to make better choices - these are not incentives in themselves, but can make the incentives more effective.
  
 
==See also==
 
==See also==
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[[Category:Sustainability]]
 
[[Category:Sustainability]]
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[[Category:Issues]]

Revision as of 13:34, 11 November 2006

Incentives for sustainable action take several forms:

Incentive Advantages Disadvantages
Personal satisfaction or sense of responsibility Only a small minority will take serious action. (Many us are well-intentioned but don't get far beyond good intentions.)
Social pressure/conformity No cost
Regulation Possibility of corruption? Depends on an authority to make decisions - likely to be less creative than a more open approach.
Taxes Revenue Difficulty and controversy involved in setting level of taxes; difficult for authority to raise taxes to the appropriate level due to political and electoral pressure.
Markets (e.g. carbon trading) Potential disadvantage: If allocations are given to existing emitters, that effectively rewards polluters. Strong motivation of personal gain; efficient allocation of resources.

Note that increased awarness and access to information can help people to make better choices - these are not incentives in themselves, but can make the incentives more effective.

See also

External links



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