Author Archives: Adam Bailey

Puma’s Environmental P&L

Puma, a sportswear company, has created a stir with its ‘environmental profit and loss’ (EPL) account.  It is a praiseworthy initiative, but the results should be used with care. Environmental reporting by companies is not new.   Puma’s innovation is to … Continue reading →

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Beyond the Drought: Water Allocation in the UK

Water allocation in the UK needs reform.   Current arrangements rely too much on administrative controls – such as hosepipe bans – and not enough on prices. There is said to be a drought in much of southern and eastern England.  … Continue reading →

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A Key Text on Water

Some thoughts from an economic perspective on  Water for Food: Water for Life: A Comprehensive Assessment of Water Management in Agriculture (1) The publication of this book in 2007 was an important event in the field of water resources management.  … Continue reading →

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An Industry at a Tipping Point?

Name an economic activity which will soon be overtaken by a more dynamic competitor based mainly in Asia?    Answer:  catching wild fish for food. According to the FAO, “by 2012 more than 50% of global fish consumption will originate from … Continue reading →

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