China's breakneck economic growth in recent decades was accompanied by visible environmental pollution and degradation. In the same period, tax revenues also increased sharply. Replacing existing taxes with the environment taxes called for by many environmental economists seems a promising...

China's breakneck economic growth in recent decades was accompanied by visible environmental pollution and degradation. In the same period, tax revenues also increased sharply. Replacing existing taxes with the environment taxes called for by many environmental economists seems a promising...

When green national accounts are calculated, environmental damage will have a negative impact on economic growth figures and therefore countries will be more likely to take potential damage into account when planning their growth path. Using China as an example, the following illustration will...