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Wednesday, December 12, 2012

How will cost/rent of environment be computed?

Social and political criticisms

During the green innovation conference held in a famous graduate school of business, a famed Phil Economist, head of Neda, the guest lecturer (from Singapore and Australia) and I engaged in the conversation on what is the cost of use of the environment.  Dodo espoused the inclusion in labor and capital of the environment.

Just how much is the rent:

l.  Is it the amount paid for in Kyoto protocol?

2.  Is the environmental protection fee being imposed by Palawan for tourist (paid on  a daily basis)

3.  Is it a tax based on percentage of sales or profit;  for extractive industries or polluting firms, are they fines?

No one can give an answer.