Nature and the Marketplace: Capturing The Value Of Ecosystem Services
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Book Overview
In recent years, scientists have begun to focus on the idea that healthy, functioning ecosystems provide essential services to human populations, ranging from water purification to food and medicine... This description may be from another edition of this product.
Format:Hardcover
Language:English
ISBN:1559637951
ISBN13:9781559637954
Release Date:October 2000
Publisher:Island Press
Length:224 Pages
Weight:0.95 lbs.
Dimensions:9.3" x 0.8" x 6.3"
Related Subjects
Biological Sciences Biology & Life Sciences Business Business & Finance Business & Investing Business Development Conservation Ecology Economics Engineering Environmental Economics Green Business Natural Resources Nature Nature & Ecology Politics & Social Sciences Science & Math Social Sciences TechnologyCustomer Reviews
1 rating
trading pollution permits
Published by Thriftbooks.com User , 19 years ago
Heal explains how one might put a value on an ecosystem, or parts thereof. It's a relatively recent approach that attempts to avoid a tragedy of the commons with respect to the environment, be it local or even global. A very useful idea described is the trading of pollution permits. The latter are rights to pollute. The premise is that instead of a government trying to mandate a minimum pollution level, it lets a free market determine this, by giving monetary value to permits. So that a company has incentive to develop or use innovative ways to minimise its pollution. Hence being able to sell any net gains to others. This also avoids the government trying to set a value on a permit. The book suggests that carbon permits might be crucial in battling global warming.
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