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Item Details
Title: GREEN CAPITAL
A NEW PERSPECTIVE ON GROWTH
By: Christian de Perthuis, Pierre-Andre Jouvet, Michael Westlake (Trans)
Format: Electronic book text

List price: £28.78


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ISBN 10: 0231540361
ISBN 13: 9780231540360
Publisher: COLUMBIA UNIVERSITY PRESS
Pub. date: 13 October, 2015
Pages: 240
Translated from: French
Synopsis: Challenging the certainty that ecological preservation is incompatible with economic growth, Green Capital shifts the focus from the scarcity of raw materials to the deterioration of the great natural regulatory functions (such as the climate system, the water cycle, and biodiversity). While we can find substitutes for scarce natural resources, we cannot replace a natural regulatory system, which is incredibly complex. It is then essential to introduce a new price into the economy that measures the costs of damage to these regulatory functions. This shift in perspective justifies such innovations as the carbon tax, which addresses not the scarcity of carbon but the inability of the atmosphere to absorb large amounts of carbon without upsetting the climate system. Brokering a sustainable peace between ecology and the economy, Green Capital describes a range of valuation schemes and their contribution to the goals of green capitalism, proposing a new, practical approach to natural resources that benefits both businesses and the environment.
Publication: US
Imprint: Columbia University Press
Returns: Non-returnable
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