Curbing the cost of bad behaviour

7 Oct 2019

skyline of an industrial area at dusk, with pollution billowing into the sky.

Researchers have created a revenue raising mechanism that operates like a ‘Robin Hood tax’ to help address climate change.

By creating a new way to initially allocate permits, a team of environmental economists led by Dr Ian MacKenzie have managed to make a ‘good tax’ that makes environmentally unfriendly actions more costly, while generating revenue for other sources like healthcare.

“Climate change is one of the biggest threats we face as a global society, and this model, while not a complete solution, makes organisations mindful of their environmental impact and encourages them to decrease it.”

- Dr Ian MacKenzie

Read the full article in Momentum Magazine


Ian MacKenzie

Associate Professor Ian MacKenzie