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Eco-restructuring: the transition to an ecologically sustainable economy

Author: Ayres, Robert U. ; Schmidt-Bleek, F. B.INSEAD Area: Economics and Political Science Series: Working Paper ; 95/72/EPS Publisher: Fontainebleau : INSEAD Centre for the Management of Environmental and Social Responsibility (CMER) 1995.Language: EnglishDescription: 30 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: The chapter seeks to sort out the questions about sustainability on which there is substantial scientific agreement from those unresolved questions that are still subject to controversy. We propose 3 theses: There are limits to 1- the capacity of the natural environment to accomodate anthropogenic disturbances. 2- the sustainability of conventional market goods and services for environmental services. 3- the extent two which technology can repair or replace environmental resources that are irreversibly damaged. We suggest an agenda for urgently needed research. We argue that the limits of resilience are probably not very distant, and that it is very difficult to justify a high degree of confidence that "business as usual" can continue without risk for even a few more decades. To achieve sustainability and minimize ecological risk, it is necessary to reverse most of current demographic, economic and industrial trends. We assess the direction and magnitudes of necessary changes in the economic system Next title: Eco-restructuring: the transition to an ecologically sustainable economy (RV of 95/72/EPS) - Ayres, Robert U. - 1995 - INSEAD Working Paper
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The chapter seeks to sort out the questions about sustainability on which there is substantial scientific agreement from those unresolved questions that are still subject to controversy. We propose 3 theses: There are limits to 1- the capacity of the natural environment to accomodate anthropogenic disturbances. 2- the sustainability of conventional market goods and services for environmental services. 3- the extent two which technology can repair or replace environmental resources that are irreversibly damaged. We suggest an agenda for urgently needed research. We argue that the limits of resilience are probably not very distant, and that it is very difficult to justify a high degree of confidence that "business as usual" can continue without risk for even a few more decades. To achieve sustainability and minimize ecological risk, it is necessary to reverse most of current demographic, economic and industrial trends. We assess the direction and magnitudes of necessary changes in the economic system

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