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Persistent link: https://www.econbiz.de/10009675149
We derive the Green Golden Rule (GGR) in the Habit Formation (HF) and Anticipation of Future Consumption (AFC) frameworks. Since consumption is the key variable of GGR, time non-separabilities in preferences over consumption streams, given by the AFC and HF, may have important impacts on the...
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discuss policy implications. The paper is structured as follows. After a definition of the concepts of "resources" and … the exploitation of nonrenewable resources (Section 3). Section 4 presents an interpretation of sustainability that can be … applied to non-renewable resources. Section 5 develops recommendations for resource management policies and suggestions for …
Persistent link: https://www.econbiz.de/10009636663
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This report presents an inventory of existing scenarios studies relevant for Europe in the context of sustainable development, including European and global models. It also provides a useful review of a selected number of scenarios and pinpoints their strengths and weaknesses.
Persistent link: https://www.econbiz.de/10009636684
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A. Sustainability is a specific term with a specific meaning: it requires avoiding ecological overshoot. B. Overshoot can be measured. And there is evidence that humanity is in overshoot. In fact, most industrialized countries run massive ecological deficits. C. To move out of overshoot,...
Persistent link: https://www.econbiz.de/10009636687
The aim of this report is to demonstrate the need to reduce the consumption of natural resources (environmental impacts …) in the economy and provide the initial impetus for a new policy to keep the use of natural resources within sustainable … limits. (By ‘natural resources’ we mean the global reserves of natural resources and raw materials by used human beings …
Persistent link: https://www.econbiz.de/10009636688
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