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The Polluter Pays Principle. The idea that the person or organization that causes pollution should pay to put right the. Polluter-Pays Principle means that the polluter should be charged with the cost of whatever pollution prevention and control measures aredetermined by the public authoritieswhether preventive measures. The polluter pays principle PPP or principle requires the polluter to bear the expense of preventing controlling and cleaning up pollution. For instance a factory that produces a potentially poisonous substance as a by-product of its activities is usually held responsible for its safe disposal.
For instance a factory that produces a potentially poisonous substance as a by-product of its activities is usually held responsible for its safe disposal. The basis of this principle is that someone is financially responsible for the elimination of the pollution they cause. The polluter pays principle PPP is a basic economic idea that firms or consumers should pay for the cost of the negative externality they create. The polluter pays principle is based on the premise that whosoever causes damage to the environment must bear the costs associated with it. Successive man-made disasters have seen the EU adopt rules to enforce the polluter pays principle on companies responsible for major environmental damage. If a person contaminates the air or water bodies he should be made liable to pay the cost and take corrective measures such as purification of water bodies plantation of trees etc.
The polluters pays principle is the commonly accepted practice that those who produce pollution should bear the costs of managing it to prevent damage to human health or the environment.
As the Polluter-Pays Principle is a fundamental principle of cost allocation its analysis covers a substantial part of the vast field of environmental resource allocation. Cordato PhD The polluter pays principle states that whoever is responsible for damage to the environment should bear the costs associated with it1 Few people could disagree with what seems at first glance to be such a straightforward proposition. Title The polluter-pays principle in climate change law. Most legal orders go beyond this interpretation. The polluter pays principle PPP is a basic economic idea that firms or consumers should pay for the cost of the negative externality they create. As the Polluter-Pays Principle is a fundamental principle of cost allocation its analysis covers a substantial part of the vast field of environmental resource allocation.