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About Quote by Zac Goldsmith

“Green policy is about triggering a shift to a cleaner way of doing things. To be effective, it needs to incentivise the right behaviour, for example through tax breaks, and that needs to be paid for by disincentives on polluting behaviour.” quote by Zac Goldsmith
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“Green policy is about triggering a shift to a cleaner way of doing things. To be effective, it needs to incentivise the right behaviour, for example through tax breaks, and that needs to be paid for by disincentives on polluting behaviour.”

Zac Goldsmith

About This Quote

Source Speech: Climate Policy Forum, 2023

Effective green policy must reward clean actions while penalizing polluting ones, balancing incentives and disincentives.

In simple terms: Reward clean actions, punish polluters.

Key Takeaway

Design policies that align costs with environmental impact.

Themes

environment policy incentives pollution economics

Mood

concerned optimistic

Type

policy strategic

When to use this quote

  • government regulation
  • corporate sustainability
  • consumer choices
  • tax design

Key Concepts

Externalities behavioral economics public finance

Questions to Reflect On

  • How can incentives be made equitable?
  • What mechanisms ensure compliance?
A Different Perspective

Implementation can be politically contentious and may burden low‑income groups.

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