Abstract
When the OECD first formulated its policy that an industrial polluter should pay for any pollution caused by heavy metals and PCB in the soil or water, the policy was mainly targeted at the prevention of pollution in the first place, at which stage the cost of any preventative measures would be absorbed as a preliminary cost by the industrialist: “the internalization of the external cost” (the Polluter-Pays Principle: PPP).
Originally published in Economic Journal of Hokkaido University (Sapporo, 1998) 27:11–34. With the permission of the University.
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Yoshida, F. (2002). Accumulated Pollution and the PPP—Mainly Heavy Metal Pollution. In: The Economics of Waste and Pollution Management in Japan. Springer, Tokyo. https://doi.org/10.1007/978-4-431-67032-2_9
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DOI: https://doi.org/10.1007/978-4-431-67032-2_9
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