If the world plans to be moving away from oil based transport and towards hybrid and electric vehicles, lithium supply is the key factor. The Salar de Uyuni in Bolivia holds the largest source of lithium in the world; however, its extraction will bring a trade off with the environment. Due to the...

Market based mechanisms are proliferating around the globe as a means to offer direct economic incentives for protecting and conserving ecosystem services. Among the ecosystem services being marketed, payments for watershed services (PWS) are the most difficult to establish clear service...

The World Bank recently began publishing estimates of countries' “genuine savings”: a comprehensive measure of net investment across all forms of capital (natural and human as well as produced). This article presents the first empirical investigation of the consistency of the Bank's...

Economic theory predicts that the current change in national wealth, broadly defined to include natural and human capital as well as produced capital ("genuine savings"), determines whether the present value of future changes in consumption is positive or negative. Theoretical research has...