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Green CapitalA New Perspective on Growth$
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Christian de Perthuis and Pierre-André Jouvet

Print publication date: 2015

Print ISBN-13: 9780231171403

Published to Columbia Scholarship Online: May 2016

DOI: 10.7312/columbia/9780231171403.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 18 September 2021

Nature Has No Price

Nature Has No Price

How Then Is the Cost of Its Degradation to Be Measured?

Chapter:
(p.67) 7 Nature Has No Price
Source:
Green Capital
Author(s):

Christian de Perthuis

Pierre-André Jouvet

, Michael Westlake
Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231171403.003.0008

While it makes no sense to put a price on nature, there are nevertheless many situations in which society must evaluate the costs of its use or its destruction. One of the tragedies of environmental goods is that generally they are not commodities and therefore remain unpriced. It may be regrettable that a monetary value has to be put on something for it to be taken into account. But until such time as the economy is regulated by mechanisms other than the market, an answer must be found if the “tragedy” of the destruction of environmental goods is to be avoided.

Keywords:   Anthropocentrism, Biocentrism, Hardin, Spinoza, Exxon Valdez, Three Gorges Dam

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