polluter pays principle

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polluter pays principle

see POLLUTION.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

polluter pays principle

the principle that polluters should bear the SOCIAL COSTS of any POLLUTION that they cause. Adoption of this principle as part of government policy towards the environment involves intervening in markets to protect the environment by placing the onus of
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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