Green Taxes In today's gruesome economy, one of the major debates has been over the financial and resourceful development of energy that can power the United States of America (and perhaps the world). Due to the depletion of non-renewable resources, many energy companies have taken steps to develop forms of renewable energy, such as solar, wind, electric, carbon-based, etc. But many “traditionalists” have decided to stick with their raw source. of energy. And because of this reluctance to adhere to the social mores of renewable energy and environmental conservation, the federal government has taxed crude oil companies as an incentive to be more conscious. But it failed; Gasoline prices have risen in the past two months more than they have at any time in the past 20 years. Not much has been said about the debate on how to effectively solve the economic and environmental problem facing the United States, but with the suggestive taxation of green sources and pollution, not only can consumers begin to become environmentally aware , of the country can benefit from the robust growth also on a financial level. The economic benefits resulting from the taxation of green sources will give further splendor to the market. According to many economists, a plan introduced by Project 88, a bipartisan congressional study group in 1988, called for the use of market forces, including taxes, to protect the environment. Their mission was to tax the pollution caused by polluting companies. In this way, external production costs would be incorporated into normal production decisions. This would correct a market flaw and the market would become more efficient. Green taxes would not lower the environment... at the heart of the paper... the citizens who represent their constituency. Works Cited: Asenjo, Bill, Ph.D. “Green Taxes.” Environmental encyclopedia. Ed. Marci Bortman, et al. 3rd ed. vol. 1. Farmington Hills, MI: Gale, 2003. 670-671. Global reference on environment, energy and natural resources. Network. April 28, 2014.Mobin, Zahra, Mohammad Ali Ashrafi Pour and Zahra Amir Abbasi. “Environmental performance and green taxes: evidence from OECD countries.” Advances in Environmental Biology (2012): 2926+. Global reference on environment, energy and natural resources. Network. April 28, 2014.Clarke, David. “Comparative Risk.” Environmental encyclopedia. Ed. Marci Bortman, et al. 3rd ed. vol. 1. Farmington Hills, MI: Gale, 2003. 294-296. Global reference on environment, energy and natural resources. Network. April 28, 2014.Hawken, Paolo. pages 153-154. Ecology of commerce. New York. 2010. Print.