On the Foundations of Environmental Policy
- Advances in Ecological Economics series
In this book, we have addressed the questions of how environmental problems emerge from human economic activity, and what this implies for an all-encompassing and long-term environmental policy. At the centre was the concept of joint production. It captures the general principle that human action, which is directed towards a certain end, inevitably gives rise to additional side eﬀects. The concept is constitutive for explaining how environmental problems emerge, and is also fruitful for pointing to their solutions. A thorough understanding of joint production and its consequences is, in our view, an indispensable prerequisite for taking responsible action that meets the challenge of sustainability (cf. Section 1.1). So, analysing joint production means rethinking the foundations of environmental policy. 19.1 Retrospect: Approach of this Book We have analysed joint production and its consequences from diﬀerent, complementary perspectives – that of the natural sciences, economics, and ethics. Our interdisciplinary approach was based on concepts, models, and case studies. Taking the ubiquitous phenomenon of joint production as a starting point, Part I laid the conceptual foundations of joint production. We deﬁned joint production in an encompassing way which captures the inevitability of joint outputs, and explicitly takes into account the time dimension of such inevitability. In a thermodynamic analysis, we demonstrated that all production is joint production. This ubiquity of joint production leads to a number of structural consequences for the development of ecological-economic systems. Economic action – due to joint production – interferes with a multiplicity of ecological, economic and social stocks....
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