Rediscovering Sustainability
Description:
This thought-provoking book summarises the present sustainability predicament and maps out financial and economic strategies. Rediscovering Sustainability helps bridge the gap in understanding between scientists and the green movement on the one side and many economists on the other. Greens worry about catastrophic climate change and mass extinction whilst economists express reservations about spending money to prevent environmental degradation. The authors argue that the limitations of standard economics cause blind spots in its environmental economics sub-field.Examining the limitations of the neoclassical economics framework, Aart and Wiebina Heesterman explore relationships bearing on issues such as the understated cost of fuel for transport. They reveal how flawed economic theory and political compromise bear unhelpfully on an energy market constrained by emissions targets. It is a book for those teaching, studying, campaigning, or policy-making in relation to environmental and sustainability issues, or with the application of economic theory in any context.