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Toward a zero-emissions economy

Author: Ayres, Robert U. INSEAD Area: Economics and Political ScienceIn: Environmental Science and Technology, 01/08/1998 Language: EnglishDescription: p. 366-367.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: The world is on a growth kick that is unsustainable. It is based on intense exploitation of natural resources and increasing production of material goods.An alternative is a service-based economy in which final consumption is limited to services from goods, not the goods themselves. Machines used to perform tasks should be repaired, reused and remanufactured, the goal being maximum retention of value added in the production process. In this conservation-driven society, durable material products are treated as capital assets rather than as consumables. Service-economy delivery systems are designed not to depend on fossil fuels, lubricants and other consumable intermediates and the same is true of manufacturing systems, which are essentially services to industry. This form of economy still allows for growth without exhausting the resource base of earth's waste assimilative capacity. We need to evolve, to a hightech, modernized "spaceship economy" version of this conservation-oriented society
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The world is on a growth kick that is unsustainable. It is based on intense exploitation of natural resources and increasing production of material goods.An alternative is a service-based economy in which final consumption is limited to services from goods, not the goods themselves. Machines used to perform tasks should be repaired, reused and remanufactured, the goal being maximum retention of value added in the production process. In this conservation-driven society, durable material products are treated as capital assets rather than as consumables. Service-economy delivery systems are designed not to depend on fossil fuels, lubricants and other consumable intermediates and the same is true of manufacturing systems, which are essentially services to industry. This form of economy still allows for growth without exhausting the resource base of earth's waste assimilative capacity. We need to evolve, to a hightech, modernized "spaceship economy" version of this conservation-oriented society

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