All products that are made by human kind degrades the living systems of one species or another, in a given ecosystem (Cottrell et al., 2016). The enforcing of ecosystem taxes will hike prices of the most environment degrading pollutants (Barde and Owens, 1996).
“If the economy does not internalise the so called ‘external costs’, it will operate inefficiently and market distortion and inefficient economic decision-making will result”(Cottrell et al., 2016). The current taxes on environmental degradations are focused only on specified kinds of pollutants (Barde and Owens, 1996). Human activities create high ecological costs by degrading the living systems ecosystem, resulting in great habitat tempering and losses.
Human beings should not be exempt from paying ecological taxes, because all human actions deteriorates the already degraded state of the ecosystems. Ecological taxes should be an ecological investment that will be allocated to the establishment of man-made ecosystems to rehabilitate and restore, existing and degraded living systems to minimize the premature extinctions (Maxwell and Decker, 2006).
Establishment of Ecological Restoration Projects
The first objective of the project will be to identify degraded living systems which poses threats to the habitat and orientation of endangered species in that particular ecosystem.
The ecological tax will be used to fund scientific and technological innovation, for the restoration of degraded ecosystems, by rebuilding lost habitats of existing species (Mitsch and Jýrgensen, 2004).
The other objective of this project will be to construct large-scale man made ecosystems that will accommodate and be adaptive to the extremely endangered species, using the funds raised through the ecological taxes.
This ecosystems will be built on unused lands far away from human settlements and should be put on monitored surveillance.
Amend Equal Rights of All Species
Human beings are a species and a part of the ecosystem, and they hold the view that they are important than the other species in the biosphere. Mankind established laws of equality, which gave all people equal rights to life.
Just as all human beings are a species and have a right to life, so should be for every kind of species that is found in all the living systems of planet (Regan, 1987). The justice system will be broadened to include every species on the planet, ensuring that all species have the privilege to exist without being harmed or disorientated from their habitats.