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Sustainability economics: Where do we stand?

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  • Ayres, Robert U.
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    Abstract

    Environmental economics, which is a branch of resource economics - the environment as a scarce resource - is essentially about market failures, the costs of pollution and pollution abatement, and the economics of regulation. Sustainability economics includes the problem of maintaining economic growth, while reducing pollution and/or its impacts, with special attention to the linked problems of energy supply (not to mention the supply other exhaustible resources), climate change and - most urgently - fossil fuel consumption. There is a need for integration of resource and environmental economics under a new rubric, sustainability economics.

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    Bibliographic Info

    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 67 (2008)
    Issue (Month): 2 (September)
    Pages: 281-310

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    Handle: RePEc:eee:ecolec:v:67:y:2008:i:2:p:281-310

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    Web page: http://www.elsevier.com/locate/ecolecon

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    Cited by:
    1. Lucka Kajfez Bogataj, 2012. "International Environmental Law and Acceleration of Global Change," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 3, pages 43-53, March.
    2. Ingebrigtsen, Stig & Jakobsen, Ove, 2009. "Moral development of the economic actor," Ecological Economics, Elsevier, Elsevier, vol. 68(11), pages 2777-2784, September.
    3. Kumar, Surender, 2013. "Comprehensive wealth and sustainable development in India," MPRA Paper 43809, University Library of Munich, Germany.
    4. van Kooten, G. Cornelis & Timilsina, Govinda R., 2009. "Wind power development : economics and policies," Policy Research Working Paper Series 4868, The World Bank.
    5. Ulrich Witt, 2011. "Sustainability and the Problem of Consumption," Papers on Economics and Evolution 2011-16, Philipps University Marburg, Department of Geography.
    6. David J. LePoire, 2014. "Review of Potential Characterization Techniques in Approaching Energy and Sustainability," Sustainability, MDPI, Open Access Journal, vol. 6(3), pages 1489-1503, March.
    7. Potts, Jason & Foster, John & Straton, Anna, 2010. "An entrepreneurial model of economic and environmental co-evolution," Ecological Economics, Elsevier, Elsevier, vol. 70(2), pages 375-383, December.
    8. Stefan Baumgärtner & Martin F. Quaas, 2010. "Sustainability economics – general versus specific, and conceptual versus practical," Working Paper Series in Economics 169, University of Lüneburg, Institute of Economics.
    9. Moriarty, Patrick & Honnery, Damon, 2009. "What energy levels can the Earth sustain?," Energy Policy, Elsevier, Elsevier, vol. 37(7), pages 2469-2474, July.
    10. Baumgärtner, Stefan & Quaas, Martin, 2010. "What is sustainability economics?," Ecological Economics, Elsevier, Elsevier, vol. 69(3), pages 445-450, January.
    11. Giannetti, B.F. & Almeida, C.M.V.B. & Bonilla, S.H., 2010. "Comparing emergy accounting with well-known sustainability metrics: The case of Southern Cone Common Market, Mercosur," Energy Policy, Elsevier, Elsevier, vol. 38(7), pages 3518-3526, July.
    12. Wolf Grossmann & Karl Steininger & Christoph Schmid & Iris Grossmann, 2012. "Investment and employment from large-scale photovoltaics up to 2050," Empirica, Springer, Springer, vol. 39(2), pages 165-189, May.
    13. Emanuele Campiglio, 2013. "The structural shift to green services," DEM Working Papers Series 033, University of Pavia, Department of Economics and Management.
    14. Martínez-Alier, Joan & Pascual, Unai & Vivien, Franck-Dominique & Zaccai, Edwin, 2010. "Sustainable de-growth: Mapping the context, criticisms and future prospects of an emergent paradigm," Ecological Economics, Elsevier, Elsevier, vol. 69(9), pages 1741-1747, July.
    15. Garmendia, E. & Prellezo, R. & Murillas, A. & Escapa, M. & Gallastegui, M., 2010. "Weak and strong sustainability assessment in fisheries," Ecological Economics, Elsevier, Elsevier, vol. 70(1), pages 96-106, November.
    16. Kumar, Surender, 2008. "Is India on a Sustainable Development Path?," MPRA Paper 10086, University Library of Munich, Germany.
    17. Timilsina, Govinda R. & Cornelis van Kooten, G. & Narbel, Patrick A., 2013. "Global wind power development: Economics and policies," Energy Policy, Elsevier, Elsevier, vol. 61(C), pages 642-652.
    18. Roma, Antonio & Pirino, Davide, 2009. "The extraction of natural resources: The role of thermodynamic efficiency," Ecological Economics, Elsevier, Elsevier, vol. 68(10), pages 2594-2606, August.
    19. Pennekamp, Johannes, 2011. "Wohlstand ohne Wachstum: Ein Literaturüberblick," MPIfG Working Paper 11/1, Max Planck Institute for the Study of Societies.

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