Pollution is nothing more than a negative externality.

People have measurably shorter lifespans due to coal emissions. We aren’t doing anything about that, so why do you think property will be treated any differently?

Property damage is a consequence, not a method of prevention? The damage won't necessarily happen at the place of origination.

I'm not sure why you say it's Marxist terminology. It's more or less what Wikipedia uses. Is there another definition that you'd prefer?