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Britain To Lead The Way On "Green Accounting"

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Jennifer1984 On about 7 hours ago
Remoaner and proud





Penzance, United Kingdom
#1New Post! Feb 13, 2012 @ 12:50:10
Green Accounting..? What a novel concept that is..!!

Apparently, we're going to have to put a value on environmental assets in the future.

At a world conference on sustainable development to be held in Brazil in June, the Environment Secretary, Caroline Spellman, will spearhead a move to get all countries to move from statements such as Gross Domestic Product to national accounts based on (get this) " GDP+" which would involve assessing the balance of their "Natural Capital" such as ecosystems that provide everything from oxygen and water to flood defences.

The British Government has already taken the first steps down this road and hopes to have a full set of it's own GDP+ national accounts by 2020.
sister_of_mercy On March 11, 2015




London, United Kingdom
#2New Post! Feb 13, 2012 @ 13:03:10
I don't have any knowledge about that kind of thing, so I'm just going to say 'yay.'
Wheezy_Knight On February 24, 2012

Deleted



Ankh-Morpork, United Kingdom
#3New Post! Feb 13, 2012 @ 13:10:49
I'm going to say they are stretching the English language to breaking point and beyond.
Jennifer1984 On about 7 hours ago
Remoaner and proud





Penzance, United Kingdom
#4New Post! Feb 13, 2012 @ 13:21:53
@Wheezy_Knight Said

I'm going to say they are stretching the English language to breaking point and beyond.



Hmmm, fair comment, but my concerns are:

a) Is it at all necessary?
b) What tangible benefits will it bring?
c) How many layers of bureaucracy will go into making it work, and how much will that cost the taxpayer?
Wheezy_Knight On February 24, 2012

Deleted



Ankh-Morpork, United Kingdom
#5New Post! Feb 13, 2012 @ 13:23:16
WHOA!!!

Shoot me as a slow thinker.

These "Natural Capital Assets" they are our resources? They want to catalogue them?

That's the Zeitgeist "Resource Based Economy" idea.
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