Internalized Environmental Costs
This is an economist's way of saying introduce an environmental tax: a charge on items that reflects the environmental costs of their manufacture and disposal. This makes the environmental benefit of using one reusable item instead of many disposable ones into a financial incentive. Such charges have been introduced in some countries. Such schemes are said to encourage reuse.
Read more about this topic: Reuse
Famous quotes containing the word costs:
“It costs more to maintain ten vices than one virtue.”
—H.L. (Henry Lewis)