Blueprint for a Green Economy
Earthscan, 1989 - Political Science - 192 pages
This report has been prepared by the London Environmental Economics Centre (LEEC). LEEC is a joint venture, established in 1988, by the International Institute for Environment and Development (IIED) and the department of Economics of University College London (UCL). Popularly known as The Pearce Report, this book is a report prepared for the Department of the Environment. It demonstrates the ways in which elements in our environment at present under threat from many forms of pollution can be costed. The book goes on to show ways in which governments are able, as a consequence of this analysis, to construct systems of taxation which would both reduce pollution by making it too costly and generate revenue for cleaning up much of the damage. The book ends with a series of skeleton programmes for progress.
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THE MEANING OF SUSTAINABLE
VALUING THE ENVIRONMENT
DIFFICULTIES IN THE APPLICATION
ACCOUNTING FOR THE ENVIRONMENT
DISCOUNTING THE FUTURE
Discounting and the environment
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achieved adjustments air pollution analysis approach argue argument basic benefit estimation Brundtland Commission capital stock carbon tax cent Chapter climate change compensation concern conservation consumers consumption context contingent valuation cost-benefit countries David Pearce degradation depletion discount rate ecological economic development economic growth economic value ecosystems effects emissions energy environmental accounting environmental assets environmental damage Environmental Economics environmental policy environmental quality environmental services example existence value functions future global greenhouse impacts implies important increase intergenerational equity investment irreversible issue man-made capital means measure ment national income natural assets natural capital natural environments OECD opportunity cost physical Polluter Pays Principle preferences problem production programme project appraisal reduced reflect renewable resources requires result risk sector social cost social discount rate society standard sustainable development sustainable income Technique Source tion Total uncertainty United valuation variables wealth welfare willingness to pay
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