Green Economics
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Economics provide the rational basis for decision making, prioritisation, resource allocation and policy formulation. Green economics should be no different although new mechanisms may need to be devised to put a 'cost' on the impact to climate and environment. Absolutism, perfectionism, an assumption of infinite resources and a jejune insistence on instant results are all enemies of wise and effective action. Examples of measures to avoid:
- Taxing or regulating energy-intensive businesses out of the UK; import of finished products
- Ineffectual or counter-productive schemes
- Politically motivated projects