In Blueprint for a Green Economy, the authors demonstrate the ways in which elements of our environment, at present under threat from many forms of pollution, can be costed, in order to balance the need to protect the environment with the need for economic growth, thus pursuing a path of sustainable development.  They argue that it makes economic sense to prevent environmental problems rather than deal with them after they occur, and that future generations are entitled to inherit an environment that is no worse than that of the previous generation – in other words, the environment is an asset.  There follows detailed explanations and equations showing how monetary value can be given to, for example, clean air, by linking it to local economic activity.  This book is not a simple read for non-economists, but it remains a useful resource in the cost-benefit approach to conservation.  It was followed by a more accessible update, A New Blueprint for a Green Economy.

further reading…

In Blueprint for a Green Economy, the authors demonstrate the ways in which elements of our environment, at present under threat from many forms of pollution, can be costed, in order to balance the need to protect the environment with the need for economic growth, thus pursuing a path of sustainable development.  They argue that it makes economic sense to prevent environmental problems rather than deal with them after they occur, and that future generations are entitled to inherit an environment that is no worse than that of the previous generation – in other words, the environment is an asset.  There follows detailed explanations and equations showing how monetary value can be given to, for example, clean air, by linking it to local economic activity.  This book is not a simple read for non-economists, but it remains a useful resource in the cost-benefit approach to conservation.  It was followed by a more accessible update, A New Blueprint for a Green Economy.

further reading…