What is lost through no net loss

What is lost through no net loss
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DOI:
10.1017/s0266267119000191
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发表时间:
--
期刊:
ECONOMICS AND PHILOSOPHY
影响因子:
1.33
通讯作者:
John O’Neill
John O’Neill
中科院分区:
2区
文献类型:
--
作者:
John O’Neill

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No net loss approaches to environmental policy claim that policy should maintain aggregate levels of natural capital. Substitutability between natural assets allows losses in some assets to be compensated for by gains in others while maintaining overall levels of natural capital. This paper argues that significant goods that matter to people’s well-being will be lost through a policy of no net loss. The concepts of natural capital and ecosystem services that underpin the no net loss approach to environmental policy cannot capture important dimensions of value that are central to human well-being.