In this chapter, Kathleen Day and R. Quentin Grafton explore the relationship between the economy and the environment. One approach sees economic growth leading to environmental degradation by imposing stresses on limited natural resources and ecosystems and by increasing emissions of...

The issue of sustainability of natural capital and implications for economic growth ranks high in the interests of both policy makers and the general public, as manifested by the intense debate on Canada's ratification of the Kyoto accord. In this chapter, Nancy Olewiler makes an important...