Assume a glacier that provides summer water for a billion people. What is its value, if it is destroyed by global warming? Since it currently provides services for free, it could be calculated as zero, according to some. Hence, a hypothetical economic activity by those people that gave them one dollar in total while destroying the glacier [...]
Archive for the ‘Nature’ Category
Economics and the Price of Nature
Posted in Climate, Demotivation, Energy, Global, Journalism, Models, Nature, Science, idiocracy, tagged climate change, Valuation, Nature, Economics, Sagoff, Costanza, Cost on Thursday 2009.09.10 | Leave a Comment »
Loxia Curvirostra
Posted in Nature, Uncategorized, tagged loxia on Friday 2009.05.08 | Leave a Comment »
Or Pytyopsittacus, I’m not very good at this.
