Environmental Accounting
A system of national or business accounting where such environmental assets as air, water, and land are not considered to be free and abundant resources but instead are consid...
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Environmental Economics
Environmental economics is a relatively new field, but its roots go back to the end of the nineteenth century when economists first discussed the problem of externality. Econ...
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Environmentally Responsible Investing
Environmentally responsible investing is one component of a larger phenomenon known as socially responsible investing. The idea is that investors should use the...
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Environmental Economics
As the entry on "Economics: Orientation" points out, welfare economics puts the "satisfaction of individual human desires at or near the top of its own int...
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Figure 5. Torque converter.
Economically Efficient Energy Choices
If a person has the choice of installing oil, gas, or electric systems to heat a house and believes that any one of the three w...
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Environmental Economics
In dealing with environmental questions, economists emphasize efficiency, social welfare, and the need for cost accountability. A basic principle for efficiency is that all cos...
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