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Title: Environmental valuation under sustainable development

Environmentalism has evolved since the 1960's from a concern with the preservation of wilderness in the American experience to a concern over pollution of human habitat throughout the industrialized world. Northern anxiety spread to the loss of tropical rainforests and biodiversity in the South, where environmentalism evolved further in an encounter with indigenous interpretations, conditions, and priorities. By the late 1980's, climate change emerged as a central issue in a now global discourse on the relationship between environment and development. The principle of sustainable development - that current needs are to be met as fully as possible while ensuring that the life opportunities of future generations are undiminished relative to present - is now widely accepted. This paper illustrates that incorporating environmental values per se in decision-making will not bring about sustainability unless each generation is committed to transferring to the next sufficient natural resources and capital assets to make development sustainable. 11 refs., 3 figs.
Authors:
;  [1]
  1. (Lawrence Berkeley Lab., CA (United States))
Publication Date:
OSTI Identifier:
7246101
Report Number(s):
CONF-9201175--
Journal ID: ISSN 0002-8282; CODEN: AENRAA
Resource Type:
Conference
Resource Relation:
Journal Name: American Economic Review; (United States); Journal Volume: 82:2; Conference: 104. annual meeting of the American Economic Association, New Orleans, LA (United States), 3-5 Jan 1992
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; ENVIRONMENTAL POLICY; SOCIO-ECONOMIC FACTORS; HUMAN POPULATIONS; ECONOMIC DEVELOPMENT; GOVERNMENT POLICIES; INSTITUTIONAL FACTORS; POPULATIONS 290200* -- Energy Planning & Policy-- Economics & Sociology