Principles of green accounting for renewable and nonrenewable energy resources

被引:6
作者
Cairns, RD [1 ]
机构
[1] McGill Univ, Dept Econ, Montreal, PQ H3A 2T7, Canada
关键词
green accounting; policy evaluation; oil; hydroelectricity; investment; welfare;
D O I
10.1016/S0301-4215(02)00288-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
Investment in an energy project has several economic effects. Green accounting is a method of evaluating the effects attributable to nature and using the values for policy evaluation or to make net national product (NNP) a more comprehensive indicator of social welfare. Adjusting for the natural effects that are mediated in markets influences only the timing of amendments to NNP. It has a transitory effect, rather than the long-run effect desired in green accounting. The long-run effect that green accounting call have is to recognize the values of nonpriced environmental amenities, making them explicit inputs to decision making. (C) 2003 Elsevier Ltd. All rights reserved.
引用
收藏
页码:261 / 267
页数:7
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