Green capital : a new perspective on growth / Christian de Perthuis, and Pierre-Andre Jouvet ; translated by Michael Westlake.

Format:

Book

Author/Creator:

Perthuis, Christian de, author.

Westlake, Michael, author.

Jouvet, Pierre-André, author.

Standardized Title:

Capital vert. English

Language:

English

Subjects (All):

Environmental economics.

Sustainable development.

Physical Description:

1 online resource (285 p.)

Place of Publication:

New York : Columbia University Press, 2015.

Language Note:

English

Summary:

Many believe economic growth is incompatible with ecological preservation. Green Capital challenges this argument by shifting our focus away from the scarcity of raw materials and toward the deterioration of the great natural regulatory functions (such as the climate system, the water cycle, and biodiversity). Although we can find substitutes for scarce natural resources, we cannot replace a natural regulatory system, which is incredibly complex. It is therefore critical that we introduce a new price into the economy that measures the costs of damage to these regulatory functions. This change 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 approach to natural resources that benefits both businesses and the environment.

Contents:

Frontmatter

Contents

Introduction: The Color of Growth

2 The Spaceship Problem

3 Degrowth

4 Introducing the Environment into the Calculation of Wealth

5 "Natural Capital" Revisited

6 Hotelling

7 Nature Has No Price

8 Beyond Hotelling

9 Water, the Shepherd, and the Owner

10 How Much Is Your Genome Worth?

11 The Enhancement of Biodiversity

12 Climate Change

13 International Climate Negotiations

14 The "Energy Transition"

15 The Inescapable Question of the Price of Energy

16 Nuclear Energy

17 Growth-Generating Innovations

18 Planning or the Market

19 European Strategy

Conclusion: Green Capital, Green Capitalism?

Notes

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9780231540360

0231540361

OCLC:

922528373