Book review: Environmental economics: A very short introduction
Environmental economics: A very short introduction
Stephen Smith / Oxford University Press / Paperback: £7.99 /
Contingent valuation, cost-benefit analysis, equity weighting, double dividend, externalities and use value are all economic terms likely to be unfamiliar to many environmentalists. Stephen Smith’s wonderful little book provides a glimpse into where economic activity and the environment collide.
How can we, for example, assess the benefits people receive from a less polluted atmosphere? Is it worth reducing pollution to zero or should we consider accepting some level of pollution because of the economic benefits associated with it?
Smith provides a succinct economic perspective on many of the most pressing environmental issues of our time, from climate change and nuclear power to recycling and wildlife conservation.
One chapter focuses on the economic theory of efficient pollution control, while another looks at economic information and values in environment policy decisions.
A third examines the economics of climate change. The outcome is a very enjoyable read. Readers might even be tempted to explore environmental economics further. And in these economically challenged times that can only be a good thing.
New jobs that help drive the UK towards net-zero emissions are set to offer salaries that are almost one-third higher than those in carbon-intensive industries, research suggests.
The Taskforce on Nature-related Financial Disclosures (TNFD) has today been launched to support financial institutions and corporates in assessing and managing emerging risks and opportunities as the world looks to reverse biodiversity loss.
The UK government's investment plans for green jobs lag far behind those of most G7 countries, potentially undermining its net-zero emissions target, the Trades Union Congress (TUC) has warned.
Nearly half of workers would accept a lower salary to work for an organisation that is socially and environmentally responsible, a survey of over 14,000 consumers in nine countries has uncovered.