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Economics and Environment

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Economics and Environment

Essays on Ecological Economics and Sustainable Development

9781840643268 Edward Elgar Publishing
The late David Pearce, formerly Emeritus Professor of Economics, University College London, UK
Publication Date: 2000 ISBN: 978 1 84064 326 8 Extent: 384 pp
This book presents a selection of his recent essays, some of which are published here for the first time.

The book begins with an introduction which gives an insight into the development of David Pearce’s career in environmental economics. It is also an accessible guide to the role that environmental economics can play in policy making and a forceful defence of his own position vis-à-vis different schools of thought.

The essays cover four broad themes: ethics and ecological economics, sustainable development, applied environmental economics and global environmental change. Specific subject areas include: environmental valuation, forestry, wildlife conservation, risk assessment, global warming and the role of carbon taxes.

David Pearce writes in a lucid and clear style which will appeal to students and scholars of environmental economics as well as political scientists, environmental managers and policymakers.

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Critical Acclaim
Contents
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David Pearce has a long-established international reputation in environmental economics. This book presents a selection of his recent essays, some of which are published here for the first time.

The book begins with an introduction which gives an insight into the development of David Pearce’s career in environmental economics. It is also an accessible guide to the role that environmental economics can play in policy making and a forceful defence of his own position vis-à-vis different schools of thought.

The essays cover four broad themes: ethics and ecological economics, sustainable development, applied environmental economics and global environmental change. Specific subject areas include: environmental valuation, forestry, wildlife conservation, risk assessment, global warming and the role of carbon taxes.

David Pearce writes in a lucid and clear style which will appeal to students and scholars of environmental economics as well as political scientists, environmental managers and policymakers.
Critical Acclaim
‘. . . the book as a whole may attract most attention from academics with an interest in the development of the discipline of economics and its attempts to engage with growing policy concerns over environmental issues.’
– Frank Peck, Geography

‘This is an excellent book which everyone interested in environmental problems will find enlightening. It is not a textbook, but could serve as valuable supplemental reading in environmental economics courses.’
– Raymond F. Mikesell, The Economic Journal

‘David Pearce’s essays . . . deserve careful reading by ecologists, ecological economists, environmental scientists and policymakers.’
– Ian Moffatt, Progress in Environmental Science

‘. . . will have wide appeal, including to scholars and students of environmental economics as well as those concerned with the practice of environmental policy and management. Readers will not always agree with the views expressed by the author but they will be better informed and stimulated as a result of the latest in a long tradition of his thought-provoking books at the cutting edge of environmental economics.’
– Peter Carter, Journal of Energy Literature

‘David Pearce broke entirely new ground with the publication of Blueprint for a Green Economy ten years ago. He is still breaking new ground today. He writes directly and often provocatively on some of today’s most crucial economic and environmental issues. Whether you agree or disagree with those views, you will be both stimulated and better informed.’
– Jonathon Porritt, Forum for the Future
Contents
Contents: Introduction: Ethics, Economists and the Environment Part I: Ethics, Ecological Economics and the Environment 1. Valuing the Environment 2. Economists Befriend the Earth 3. Economic Valuation and Ecological Economics 4. The Limits of Cost–Benefit Analysis as a Guide to Environmental Policy Part II: Sustainable Development 5. Sustainable Development 6. Capital Theory and the Measurement of Sustainable Development 7. Measuring Sustainable Development 8. Economic Growth and ‘Sustainable Consumption’ Part III: Applied Environmental Economics 9. Particulate Matter and Human Health in the United Kingdom 10. Assessing the Social Rate of Return from Investment in Temperate Zone Forestry 11. Global Environmental Value and the Tropical Forests 12. The Economics of African Wildlife Utilization 13. Packaging Waste and the Polluter Pays Principle 14. The Social Incidence of Environmental Costs and Benefits 15. A Social Discount Rate for the United Kingdom 16. Current Economic Costs of not Using Risk Assessment in Environmental Policy at the European Community Level Part IV: Global Environmental Change 17. Competing Paradigms for Managing Environmental Change 18. The Economics of Global Warming 19. The Role of Carbon Taxes in Adjusting to Global Warming Index
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