IMPORTANCE OF ENVIRONMENTAL SUSTAINABILITY IN SUSTAINABLE DEVELOPMENT
Journal Title: PARIPEX-Indian Journal of Research - Year 2019, Vol 8, Issue 8
Abstract
Environmental sustainability is the need of the hour. With rapid industrialization and technological explosion, it is found that there is a huge damper on the ecosystem. Industrial ecology has started gaining momentum. Industry and the common man has a very important role in maintaining and preserving the ecosystem. The role of introducing environmental taxation is explored. A survey is conducted to find the awareness of the environmental damage and the acceptance of introducing an environmental taxation is explored. The research reveals that creating an awareness is the most important step to be undertaken followed by a different approach of accounting procedures. Environmental costs need to be included through life cycle costing approach is recommended.
Authors and Affiliations
Suganthi L
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