I'd take it a good deal further and say that if a company could be shown to be causing a neighbor direct physical harm they should be responsible for any and all costs associated with returning the individual to their original state or compensating them directly when that is not possible. In fact, that is was our legal system does. Of course, you need to actually prove your case against an individual entity. So this is only accomplished in a specific and objective way.
What you seem more interested in, though, is to avoid the impossible task of tracing actual harm and lump all businesses into one category and label it "damaging to our health." This would affect software companies with 15 employees and virtually no "carbon(or any other) footprint" and large car factories with thousands of employees bunches of smokestacks responsible for this same harm. Doing so, vaguely holding all businesses and wealth producing individuals responsible for every harm that occurs to anyone is capricious and myopic in nature.
This could be fair, but first you would need to add up all of the values they produce and subtract the cost from them. So for example, the car factory where you purchase your car might be able to be shown to produce enough poisonous fumes to take 5 years off of your average lifespan. So if that was determined to be 100 years based on your healthy lifestyle and long lived grandparents then they would be responsible for compensating you, at least financially for 5% of your life...or roughly $165k in the US plus some reasonably determined amount for the emotional cost of that lost year. But then we would need to factor in your gains from being able to drive a car rather than walk to places which would amount to around 14 years of your life or around $462k. Also we would need to add in the lessened cost of all of the material items you consumed due to the mechanization of jobs over your whole life so, maybe $974k for that. Also some reasonably determined amount for the emotional value gained by having access to so many products and services that would be unavailable without those dirty factories. We can just say that those cancel out, for the sake of argument. So...$1.436 million - $165,000 comes out to $1,271,000 that you would owe to them. You know, if you wanted to be fair.
As a side note, this myopic-ness is one of the most frustrating things that I routinely come across in interacting with leftists. Opportunity cost is impossible to measure and always massive. So taking 50% out of everyone's pay has a cost that will end in being orders of magnitude higher than those actual dollars because there is no telling what businesses may have gotten started, what ideas could have been pursued, or what technologies invented had that money stayed in the capable, productive hands of them that created it.
