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Sustainability and Environmental Economics: Some Critical Foci
THURSTON, H. Sustainability and Environmental Economics: Some Critical Foci. Sustainability. MDPI AG, Basel, Switzerland, 4(4):188, (2011).
To inform the public.
I present five seminal concepts of environmental economic thought and discuss their applicability to the idea of sustainability. These five, Maximum Sustainable Yield and Steady-state, The Environmental Kuznet’s curve, Substitutability, Discount rate and Intergenerational equity, and Green Accounting are chosen because they provide insight into the economist’s view of sustainability, and because there is much debate among economists, ecologists and others about their appropriate place and application in the study of sustainability.
Record Details:Record Type: DOCUMENT (JOURNAL/PEER REVIEWED JOURNAL)
Organization:U.S. ENVIRONMENTAL PROTECTION AGENCY
OFFICE OF RESEARCH AND DEVELOPMENT
NATIONAL RISK MANAGEMENT RESEARCH LABORATORY
SUSTAINABLE TECHNOLOGY DIVISION
SUSTAINABLE ENVIRONMENTS BRANCH