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Frontiers in Ecological Economic Theory and Application
Research on the cutting-edge of economics, ecology, and ethics is presented in this timely study. Building from a theoretical critique of the tradition of cost–benefit analysis, the contributors lay the foundation for a macroeconomics of environmental sustainability and distributive justice. Attention is then turned to three of the most critical areas of social and environmental applied research – biodiversity, climate change, and energy.
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Critical Acclaim
Contributors
Contents
More Information
Research on the cutting edge of economics, ecology, and ethics is presented in this timely study. Building from a theoretical critique of the tradition of cost–benefit analysis, the contributors lay the foundation for a macroeconomics of environmental sustainability and distributive justice. Attention is then turned to three of the most critical areas of social and environmental applied research – biodiversity, climate change, and energy.
The contributors redefine progress away from growth and toward development. To this end, the first section of the book tackles the dominant framework used in the US today to evaluate tradeoffs between economic growth and its inherent externalities. Succeeding chapters cover a wide variety of studies related to biodiversity health and energy. Each section is anchored with overviews by top scholars in these areas – including Herman Daly, Carl McDaniel, Stephen Schneider, and Nathan Hagens – and followed by detailed analyses reflecting the transdisciplinary approach of ecological economics.
Students and scholars of ecological, environmental, and natural resource economics, sustainability sciences, and environmental studies will find this book of great interest. Non-profit and government agencies in search of methods and cases that merge the study of ecology and economics will also find the analyses of great practical value.
The contributors redefine progress away from growth and toward development. To this end, the first section of the book tackles the dominant framework used in the US today to evaluate tradeoffs between economic growth and its inherent externalities. Succeeding chapters cover a wide variety of studies related to biodiversity health and energy. Each section is anchored with overviews by top scholars in these areas – including Herman Daly, Carl McDaniel, Stephen Schneider, and Nathan Hagens – and followed by detailed analyses reflecting the transdisciplinary approach of ecological economics.
Students and scholars of ecological, environmental, and natural resource economics, sustainability sciences, and environmental studies will find this book of great interest. Non-profit and government agencies in search of methods and cases that merge the study of ecology and economics will also find the analyses of great practical value.
Critical Acclaim
‘. . . because of the high quality of many of the chapters and the selection of topics, the book is a valuable contribution to the literature on ecological economics. . . the book adds much that is helpful to the burgeoning literature on ecological economics.’
– Peter Victor, Ecological Economics
‘This book presents the best evidence yet that ecological economists in the United States are becoming a strong and unified voice on biodiversity loss, climate change, and energy options. The arguments presented here are rich, sound, convincing, timely, and are not about to lose their saliency any time soon.’
– Richard B. Norgaard, University of California, Berkeley, US
‘Erickson and Gowdy have put together a wonderful collection of contributions from a wide range of scholars that will greatly advance ecological economics.’
– Herman E. Daly, University of Maryland, College Park, US
– Peter Victor, Ecological Economics
‘This book presents the best evidence yet that ecological economists in the United States are becoming a strong and unified voice on biodiversity loss, climate change, and energy options. The arguments presented here are rich, sound, convincing, timely, and are not about to lose their saliency any time soon.’
– Richard B. Norgaard, University of California, Berkeley, US
‘Erickson and Gowdy have put together a wonderful collection of contributions from a wide range of scholars that will greatly advance ecological economics.’
– Herman E. Daly, University of Maryland, College Park, US
Contributors
Contributors: F. Ackerman, D.A. Basoli, P.P. Christensen, C.J. Cleveland, C.M. Corey-Luse, H.E. Daly, B. Davidsdottir, T.E. Drennen, C.L. Enterline, J.D. Erickson, B.P. Fisher, S. Fredericks, M.J. Glennon, E. Goodstein, J.M. Gowdy, B.M. Haddad, N.J. Hagens, K.E. Halvorsen, J.M. Harris, L. Heinzerling, R.B. Howarth, K.E. Limburg, R.I. Massey, L. Matson, C.N. McDaniel, F.G. Müller, W.F. Porter, R.B. Richardson, J.E. Rosthal, S.H. Schneider, B.D. Solomon, C.L. Spash, K.M. Stainbrook, D.I. Stern
Contents
Contents:
Preface
Jon D. Erickson and John M. Gowdy
PART I: ECOLOGICAL ECONOMIC THEORY
An Overview of Part I
Herman E. Daly
1. Wrong in Retrospect: Cost–Benefit Analysis of Past Successes
Frank Ackerman, Lisa Heinzerling and Rachel I. Massey
2. Reorienting Macroeconomic Theory Towards Environmental Sustainability
Jonathan M. Harris
3. Growth and Equity: Dismantling the Kaldor–Kuznets–Solow Consensus
Brendan P. Fisher and Jon D. Erickson
4. Ecological Economics as a Basis for Distributive Justice
Frank G. Müller
PART II: BIODIVERSITY AND ECOSYSTEM HEALTH
An Overview of Part II
Carl N. McDaniel
5. The Technological Juggernaut and Nature’s Ecological Systems
Paul P. Christensen
6. Assessing Ecosystem Health in Dutchess County, New York
Karin E. Limburg and Karen M. Stainbrook
7. Safe Minimum Standard Analysis of the Florida Manatee
Barry D. Solomon, Cristi M. Corey-Luse and Kathleen E. Halvorsen
8. Development in the Adirondack Park, New York: Projections and Implications
Michale J. Glennon and William F. Porter
PART III: CLIMATE CHANGE
An Overview of Part III
Stephen H. Schneider
9. Problems in Economic Assessments of Climate Change with Attention to the United States of America
Clive L. Spash
10. Climate Change in the Pacific Northwest: Valuing Snowpack Loss for Agriculture and Salmon
Eban Goodstein and Laura Matson
11. A Contingent Behavior Analysis of the Effects of Climate Change on National Park Visitation
Robert B. Richardson
12. Second-Best Pollution Taxes in the Economics of Climate Change
Richard B. Howarth
13. Ranking the Adaptive Capacity of Nations to Climate Change when Socio-Political Goals are Explicit
Brent M. Haddad
PART IV: ENERGY
An Overview of Part IV
Nathan John Hagens
14. Energy Quality, Net Energy and the Coming Energy Transition
Cutler J. Cleveland
15. The Hydrogen Futures Simulation Model: Pathways to a Hydrogen Future
Thomas E. Drennen and Jennifer E. Rosthal
16. Measuring Sustainable Energy Development with a Three-Dimensional Index
Brynhildur Davidsdottir, Daniel A. Basoli, Sarah Fredericks and Claire Lafitte Enterline
17. The Elasticity of Substitution, the Capital–Energy Controversy and Sustainability
David I. Stern
Index
Preface
Jon D. Erickson and John M. Gowdy
PART I: ECOLOGICAL ECONOMIC THEORY
An Overview of Part I
Herman E. Daly
1. Wrong in Retrospect: Cost–Benefit Analysis of Past Successes
Frank Ackerman, Lisa Heinzerling and Rachel I. Massey
2. Reorienting Macroeconomic Theory Towards Environmental Sustainability
Jonathan M. Harris
3. Growth and Equity: Dismantling the Kaldor–Kuznets–Solow Consensus
Brendan P. Fisher and Jon D. Erickson
4. Ecological Economics as a Basis for Distributive Justice
Frank G. Müller
PART II: BIODIVERSITY AND ECOSYSTEM HEALTH
An Overview of Part II
Carl N. McDaniel
5. The Technological Juggernaut and Nature’s Ecological Systems
Paul P. Christensen
6. Assessing Ecosystem Health in Dutchess County, New York
Karin E. Limburg and Karen M. Stainbrook
7. Safe Minimum Standard Analysis of the Florida Manatee
Barry D. Solomon, Cristi M. Corey-Luse and Kathleen E. Halvorsen
8. Development in the Adirondack Park, New York: Projections and Implications
Michale J. Glennon and William F. Porter
PART III: CLIMATE CHANGE
An Overview of Part III
Stephen H. Schneider
9. Problems in Economic Assessments of Climate Change with Attention to the United States of America
Clive L. Spash
10. Climate Change in the Pacific Northwest: Valuing Snowpack Loss for Agriculture and Salmon
Eban Goodstein and Laura Matson
11. A Contingent Behavior Analysis of the Effects of Climate Change on National Park Visitation
Robert B. Richardson
12. Second-Best Pollution Taxes in the Economics of Climate Change
Richard B. Howarth
13. Ranking the Adaptive Capacity of Nations to Climate Change when Socio-Political Goals are Explicit
Brent M. Haddad
PART IV: ENERGY
An Overview of Part IV
Nathan John Hagens
14. Energy Quality, Net Energy and the Coming Energy Transition
Cutler J. Cleveland
15. The Hydrogen Futures Simulation Model: Pathways to a Hydrogen Future
Thomas E. Drennen and Jennifer E. Rosthal
16. Measuring Sustainable Energy Development with a Three-Dimensional Index
Brynhildur Davidsdottir, Daniel A. Basoli, Sarah Fredericks and Claire Lafitte Enterline
17. The Elasticity of Substitution, the Capital–Energy Controversy and Sustainability
David I. Stern
Index