Accounting has been implicated in a more positive shaping and influencing of the which is regarded as problematic, the forms which public debates task and the options seemingly available for management and public action. This recently enacted tasks th...
Accounting has been implicated in a more positive shaping and influencing of the which is regarded as problematic, the forms which public debates task and the options seemingly available for management and public action. This recently enacted tasks the first steps towards practical implementation of the polluter pays principle, particularly in establishing a system of integrated pollution control. Amongst other requirements, companies will have to meet the charges that are gradually being phased in to pay for regulatory and control bodies to inspect them and will face heavy financial penalties for breaking specified emission limits. Furthermore, industry will have to foot the bill for environmental impact assessments which will be required in the case of new development. Perhaps of most significance for the environmental taxes function, however, in terms of costing out new pollution control methods, is the legal obligation imposed to minimize waste production utilizing. We closing this paper with a few summary messages: First, Environmental taxes systems capable of providing significant quantitative data may be technically difficult to design. Second, Environmental taxes is, arguably, more important than financial information, and effort time must be expanded on getting this presentation right. Third, Accountants through their training are ideally placed to play a leading role in environmental taxes systems.