Category Archives: Environment (general)

Managing Natural Capital in England

Posted on June 3, 2013 by Adam Bailey

England has established a Natural Capital Committee to advise the government on the efficient and sustainable management of the country’s natural wealth.  In April 2013 the committee published its first report and invited comments.  Below is an abbreviated version of … Continue reading →

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The Role of Contingent Valuation

Posted on January 21, 2013 by Adam Bailey

Contingent valuation is sometimes presented as applicable to any environmental good, unlike other valuation methods which can be used only in particular circumstances.  Recent thinking suggests a narrower role. A symposium in the Journal of Economic Perspectives (1) offers three … Continue reading →

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How to Choose a Christmas Tree

Posted on December 10, 2012 by Adam Bailey

Is a natural or an artificial Christmas tree the more environmentally-friendly option?  The answer may depend on the consumer’s circumstances. As environmental issues go, this is admittedly a small one.  But if we can’t get right small issues like this, … Continue reading →

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Puma’s Environmental P&L

Posted on June 18, 2012 by Adam Bailey

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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