Since 1987 WCED report "Our Common Future" pollution has been increasing, not decreasing, as no pollution reduction markets have been set up yet to transition towards pollution-less markets, which raises the question: Why should we expect pollution management markets to lead us increasingly away and away from pollution-less markets?.
Any ideas to the why?
Note: If you understand the difference between how pollution management markets and pollution reduction markets in terms of pollution-less market transition friendliness work, you may be able to see why.
Since there will always be a need for strategies to control and lessen the pollutants that businesses produce, we may anticipate that markets for pollution management will outnumber those for pollution-free markets. Innovation and investment in this industry are fueled by the consistent need for technologies and services related to pollution management.
Additionally, corporations are under more and more pressure to implement sustainable practices and lessen their negative environmental effects as worldwide awareness of and concern for pollution develops. Solutions for pollution control are being developed and used at a faster rate as a result of this movement toward sustainability.
Companies are encouraged by this legislative framework to invest in pollution control products and services to guarantee that environmental regulations are followed. In summary, the interplay of legislative constraints, growing environmental consciousness, and market demand suggests that pollution management markets will probably keep expanding and diverge from pollution-free markets for the foreseeable future.
Good day Sajad, thank you for taking the time to comment.
This is a question about transitioning to pollution-less markets or clean markets from pollution production markets. If the goal is to make that transition, why it can not be done using pollution management markets for example carbon pricing? To see the why you have to approach the question from this angle, so the question is: Why should we expect pollution management markets to lead us increasingly away and away from pollution-less markets?
Respectfully yours;
Lucio
Sajad, the following paper have ideas related to this question and other food for thoughts, you may find them interesting;
Sustainability thought 177: What are environmental pollution production markets, environmental pollution reduction markets, environmental pollution management markets and no environmental pollution production markets? How do they work?
Article Sustainability thought 177: What are environmental pollution...
Pollution management markets, such as cap-and-trade systems or carbon offset markets, are designed to control pollution by creating economic incentives for reducing emissions. However, there are several reasons why these markets might lead us increasingly away from pollution-less markets.
These markets focus on achieving pollution reductions at the lowest cost, not necessarily eliminating pollution entirely. Firms will reduce emissions only to the point where it is cost-effective, meaning some level of pollution remains. Investment in pollution control technologies that meet current market requirements might lock firms into these technologies, delaying the adoption of more advanced, cleaner technologies that could lead to pollution-less scenarios. Slobodanka Pavlovic
Good day Sasa!
Cap and trade, carbon offset, and carbon pricing belong to the group of markets I call "DWARF GREEN MARKETS, they may looked or be sold as green markets, but they are not.
All of them will tend to move away from pollution-less markets or clean markets once in place, WHY? That is the question.
If you are not familiar with the price structure of dwarf green markets, of green markets, and of clean markets, and as compare to that of traditional markets or pollution production markets in terms of environmental friendliness is hard to see the why. That is why I shared the article above it contains food for thoughts relevant to answering this question. Take a look at it when you have time.
I appreciate your comment
Respectfully yours;
Lucio
Just sharing newest article by me, you may find some interesting food for thoughts in it about clean market transition friendliness
Sustainability thought 178: Environmental pollution management markets versus environmental pollution reduction markets: Which one is environmentally clean economy transition friendly? Why?
https://www.researchgate.net/publication/381698009_Sustainability_thought_178_Environmental_pollution_management_markets_versus_environmental_pollution_reduction_markets_Which_one_is_environmentally_clean_economy_transition_friendly_Why
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