Economics, Econometrics and Finance
4 years ago

Households paying for disposal can drive eco-friendly product design and packaging.

Journal of Environmental Economics and Management
Policies for Green Design
Don Fullerton, Wenbo Wu

Paper Summary

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The article discusses different policies that can encourage environmentally friendly design. By charging fees for disposal, offering subsidies for recyclable products, and implementing other measures, producers can be incentivized to reduce packaging and create products that are easier to recycle. If households pay for the cost of disposal, it sends the right signals to producers. If garbage collection is free, taxes on packaging and subsidies for recyclable designs can still achieve the desired outcomes.