Blueprint 1: For a Green EconomyThis 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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Blueprint for a Green Economy David William Pearce,Anil Markandya,Edward Barbier Limited preview - 1989 |
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achieved adjustments air pollution analysis approach argument basic benefit estimation billion capital stock carbon tax cent Chapter compensation concept concern conservation constant capital consumption context contingent valuation cost-benefit countries David Pearce defensive expenditures depletion discount rate ecological economic growth economic value ecosystems effects emissions energy environmental accounting environmental benefits environmental damage Environmental Economics environmental improvement environmental policy environmental quality example exhaustible resources existence value functions future global hedonic households hypothetical imply important increase individual intergenerational equity investment irreversible issue man-made capital means monetary evaluation national accounts national income natural capital natural environments natural resource accounts Norwegian OECD opportunity cost option value Pearce preferences problem production programme project appraisal property values reduced reflect relevant renewable resources resilience respondent result risk sector social discount rate sustainable development sustainable income Total uncertainty United valuation variables wealth willingness to pay