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Green Capital: A New Perspective on Growth
Christian De Perthuis
€ 38.99
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Description for Green Capital: A New Perspective on Growth
Hardback. Translation of: Le capital vert: une nouvelle perspective de croissance, published in 2013. Translator(s): Westlake, Michael. Num Pages: 288 pages. BIC Classification: KCN; RN. Category: (P) Professional & Vocational. Dimension: 239 x 160 x 26. Weight in Grams: 520.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2015
Publisher
Columbia University Press
Condition
New
Number of Pages
288
Place of Publication
New York, United States
ISBN
9780231171403
SKU
V9780231171403
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Christian De Perthuis
Christian De Perthuis is a professor of economics at University Paris-Dauphine and head of the climate economics department. He is the author of several books, including Economic Choices in a Warming World. As chairman of the Green Tax Committee, he designed the carbon tax that was introduced by the French government in January 2014. Pierre-Andre Jouvet is a professor ... Read more
Reviews for Green Capital: A New Perspective on Growth
Green Capital takes us on a salutary journey through biodiversity, water shortages, the energy transition, and much more to stress the importance of 'natural capital.' The book provides an accessible discussion of the economic value of the environment and of the tragedy of the commons, and it explains why, despite our reluctance to employ them, price signals are necessary to ... Read more