Kenneth Arrow and Larry Goulder, two economists at Stanford University, suggest that the old ideological enemies are converging: “Many economists now accept the idea that natural capital has to be valued, and that we need to account for ecosystem services. Many ecologists now accept that prohibiting everything in the name of protecting nature is not useful, and so are being selective.” They think the debate is narrowing to the more empirical question of how far it is possible to substitute natural capital with the man-made sort, and specific forms of natural capital for one another.and nature recently had a bit about how "saving the planet saves money" while intel just opened up a state of the art $2bn fab extension that,
provides significant benefits from an environmental perspective. The chips manufactured in Fab11X will require less water and generate fewer emissions per chip than other fabs. Water and chemical use will be more efficient. When compared to a 200-mm facility Fab 11X will produce 48 percent less volatile organic compound emissions, use 42 percent less ultra pure water and will use approximately 40 percent less energy.Whether you call it free-trade or fair trade, the point is the same: enrich the developing economies so that they have the same options we do.
Africa’s experience in cotton raises wider concerns about American policy. Through its aid program, the Bush Administration has sought to promote free-market reforms in Africa. Similarly, trade preferences under the Africa Growth and Opportunity Act (AGOA) are conditional on African governments liberalizing agricultural markets, including in the cotton sector. Yet when farmers in Mali or Burkina Faso enter world markets they are forced to compete against heavily subsidized American exports.make trade fair!
Notwithstanding constant references to the ‘family farm’ on the part of US policy makers, farm subsidies are designed to reward and encourage large-scale, corporate production. The largest 10 per cent of cotton farms receive three quarters of total payments. In 2001, ten farms between them received subsidies equivalent to $17m.
"...a future that ends global poverty and delivers and sustains efficient and equitable management of the world’s natural resources."I think "equitable" is the key term here. As long as national governments (such as the US) are run in the short-term interests of large corporations, and the citizens could care less, the only hope is for transnational bodies such as the UN and the EU to try and make a difference.
(source: IIED <disclaimer>They are a client of mine</disclaimer>)
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I'm not doing the Lomborg here, but perhaps pollution is a symptom of poverty rather than industrial capacity.
posted by bonehead at 6:14 PM on October 23, 2002