Preface New to this edition An overview of the book
1. Visions of the future 2. The economic approach: Property rights, externalities, and environmental problems 3. Evaluating trade-offs: Benefit-cost analysis and other decision making metrics 4. Valuing the environment: Methods 5. Dynamic efficiency and sustainable development 6. Depletable resource allocation: The role of longer time horizons, substitutes, and extraction cost 7. Energy: The transition from depletable to renewable resources 8. Recyclable resources: Minerals, paper, bottles, and e-waste 9. Water: A confluence of renewable and depletable resources 10. A locationally fixed, multipurpose resource: Land 11. Storable, renewable resources: Forests 12. Common-pool resources: Commercially valuable fisheries 13. Ecosystem goods and services: Nature's threatended bounty 14. Economics of pollution control: An overview 15. Stationary-source local and regional air pollution 16. Mobile-source air pollution 17. Climate change 18. Water pollution 19. Toxic substances and environmental justice 20. The quest for sustainable development 21. Visions of the future revistied