YOU CAN PUT A PRICE ON NATURE

Richard Sandor, Murali Kanakasabai, Rafael Marques and Nathan Clark

Chapter 13 in Sustainable Investing and Environmental Markets:Opportunities in a New Asset Class, 2014, pp 355-369 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Wealth creation in the United States has changed dramatically since 1970. After World War II, from 1945 to 1970, wealth creation in the United States was largely driven by manufacturing. U.S. manufacturing strength helped the country lead the world in value creation, as indicated by gross domestic product growth during that period: In terms of real (inflation-adjusted) chained 2005 dollars, GDP went from $2.22 trillion in 1945 to $4.70 trillion in 1970…

Keywords: Environment; Emissions; Trading; Finance; Derivatives; Water; Energy; Carbon; Catastrophe; Weather; Sustainability; Fisheries; Greenhouse Gases; Sulfur Dioxide; Acid Rain; Clean Energy Markets (search for similar items in EconPapers)
Date: 2014
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