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Green Capital: A New Perspective on Growth


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#2081462 in eBooks 2015-10-13 2015-10-13File Name: B015M9TZW20 of 0 people found the following review helpful. EnjoyableBy DarrenIngram_dot_comMany people criticise so-called green initiatives that are built around ecological preservation for stifling long-term economic growth, giving at most a blip in certain sectors whilst incurring costs elsewhere. On many occasions they are the ldquo;devil incarnaterdquo; and just get in the way of business. Oh, what should one believe?This is an interesting, relatively specialist book, that looks at the economic pictGreen 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 explaChallenging the certainty that ecological preservation is incompatible with economic growth, Green Capital shifts the focus from the scarcity of raw materials to the deterioration of the great natural regulatory functions (such as the climate system, the water cycle, and biodiversity). While we can find substitutes for scarce natural resources, we cannot replace a natural regulatory system, which is incredibly complex. It is then essential to introduce a new price into the economy that measures ...

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