Clean and Profitable: Entangling Valuations in Environmental Entrepreneurship

Liliana Doganova (liliana.doganova@mines-paristech.fr) and Peter Karnoe (pka.ioa@cbs.dk)
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Liliana Doganova: CSI i3 - Centre de Sociologie de l'Innovation i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Peter Karnoe: IOA Copenhagen Business School - CBS - Copenhagen Business School [Copenhagen]

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Abstract: In public debates on climate change, environmental and economic value are often seen as standing in contradiction. This chapter examines regulatory and entrepreneurial attempts to reconcile environmental and economic value by turning polluting substances into matters of worth. Our case focuses on animal slurry in agriculture – a hybrid valuation object which produces both ammonia emissions in the atmosphere and fertilizer for the farm's crops. Following the implementation of regulation aiming to reduce ammonia emissions from livestock farming, entrepreneurs have introduced new technologies to clean and thus valorize slurry; the construction of a market for such "clean" technologies has in turn raised the issue of how their value can be demonstrated and measured. We analyze the valuation work performed by regulators (the Danish Environmental Protection Agency) and entrepreneurs (a start-up that developed a solution for cleaning slurry), and contrast different modes of reconciling environmental and economic value.

Keywords: valuation; -; agriculture; -; entrepreneurship; -; clean; tech; -; best; available; techniques; -; environmental; regulation (search for similar items in EconPapers)
Date: 2015
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Published in Ariane Berthoin Antal, Michael Hutter, David Stark. Moments of valuation. Exploring Sites of Dissonance, Oxford University Press, pp.229-248, 2015

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