Table of Contents

preface and Acknowledgements
Part I. Economy and Environment
Chapter 1. The Historical Development of Environmental Economics
Chapter 2. The Circular Economy
Chapter 3. The Sustainable Economy
Part II. The Economics of Pollution
Chapter 4. The Optimal Level of Pollution
Chapter 5. The Market Achievement of Optimal Pollution
Chapter 6. Taxation and Optimal Pollution
Chapter 7. Environmental Standards, Taxes and Subsidies
Chapter 8. Marketable Pollution Permits
Chapter 9. Measuring Environmental Damage I: Total Economic Value
Chapter 10. Measuring Environmental Damage II: Valuation Methodologies
Chapter 11. Pollution-Control Policy in Mixed Economies
Chapter 12. Pollution-Control in Centrally-Planned Economies
Chapter 13. Global Pollution Policy
Part III. Ethics and Future Generations
Chapter 14. Discounting the Future
Chapter 15. Environmental Ethics
Part IV. The Economics of Natural Resources
Chapter 16. Renewable Resources
Chapter 17. The Extinction of Species
Chapter 18. Exhaustible Resources
Chapter 19. Measuring and Mitigating Natural Resource Scarcity
Part V. Development and Environment
Chapter 20. Development, Preservation and Conservation
Chapter 21. A Case Study of Wetlands
Chapter 22. Envrionment and the Developing Countries
References and Further Reading
Index

About the Author

David W. Pearce is professor of economics and director of the Environmental Economics Centre, University College, London. R. Kerry Turner is senior lecturer at the School of Environmental Sciences, University of East Anglia, Norwich, England.

Reviews

Covers most of the 'main stream' of environmental and resource economics but with greater emphasis on the theme of sustainable economic development and on alternative normative and analytical perspectives that most texts in this field offer... (In fact, I will be using it in my course this year.). -- A. Myrick Freeman Natural Resources Forum