How do we combine ruminative incentives with moral ones? By measuring the way or amount that a company contributes to world benefit and tying this proportionally to the amount an investor is compensated in tax breaks.
Outside of making excellent beer, Sierra Nevada Brewing Company takes environmental responsibility very seriously at all steps of the manufacturing process; from energy production and water use to packaging and emissions.
Roger, I completely agree with you that getting all countries to change their tax systems is not a reasonable idea. That would seem to be the greatest limitation of any of the tax incentive conceptions; i.e. how to get it to spread across borders.
In my mind though, success begets success, and if a system is shown to work and increase investment, the potential is there for other countries to follow suit.
Thanks Ashley! There do seem to be recurring themes popping up in the inspriations and concepts and it I am interested to see how we continue to tie them together. My main hesitation with the tax incentive programs is the thought of getting anything to pass through the government, that would probably not be a fast process.
I also am interested in the ideas that come up regarding cross border implimentaion. Things such as the Kyoto Protocol are not actually binding so you are right that in the end sometimes it is more grandstanding. But I generally think that if things work to a financial advantage for a company or country they are likely to be replicated by others.