Recasting Economics As If the Climate and Global Ecology Really Mattered
- Recasting Economics As If the Climate and Global Ecology Really Mattered
- Porter, John R.
Stokholm, Michaela Schiller
- Earth Institute
- Persistent URL:
- Book/Journal Title:
- Consilience: The Journal of Sustainable Development
- The current paradigm of global economics with exponential and continuous economic growth is unsustainable as far as Earth system ecology is concerned. To support the Earth system and boost sustainable development, a functional and operational linkage between global ecology and economics should be established – which we term ‘carbonomics’. The simple basis of ‘carbonomics’ is that the more fossil and non-fossil carbon one has as stocks, and not flows, of carbon, the richer one is. This opinion piece makes some suggestions about how we might establish such a balanced relationship.
- Sustainable development
Greenhouse gases--Economic aspects
Climatic changes--Economic aspects
Economic development--Environmental aspects
Sustainable development--Economic aspects
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- Suggested Citation:
- John R. Porter, Pete Smith, Mark Howden, Michaela Schiller Stokholm, 2017, Recasting Economics As If the Climate and Global Ecology Really Mattered, Columbia University Academic Commons, http://dx.doi.org/10.7916/D8RX9HQ6.