eco-capitalism
Sign in to saveAlso known as green capitalism, environmental capitalism
Eco-capitalism, also known as environmental capitalism or (sometimes) green capitalism, is the view that capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends. Therefore, governments should use market-based policy-instruments (such as a carbon tax) to resolve environmental problems.
~21 min read
Encyclopedic overview
15 sectionsContents
- History
- Eco-capitalist theorists
- Think tanks
- Transition to eco-capitalism
- Externalities: Correcting of a free market failure
- Green consumption
- Carbon trading
- Full cost accounting
- Genuine progress indicator
- Criticism and responses
- Appeal of renewable energy in the capitalist market
- Barriers to transition
- See also
- References
- Further reading
Eco-capitalism, also known as environmental capitalism or (sometimes) green capitalism, is the view that capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends. Therefore, governments should use market-based policy-instruments (such as a carbon tax) to resolve environmental problems.
The term "Blue Greens" is often applied to those who espouse eco-capitalism. Eco-capitalism can be thought of as the right-wing equivalent to Red Greens.
Excerpted from Wikipedia’s “eco-capitalism” article, available under the CC BY-SA 4.0 licence.