Latest Issue
Special Reports
Latest Special Report

Cop21: can you put a cost on climate change?

How can we put a value on the natural environment?

Redwood trees in a forest grove. © Michael Schweppe

Natural Capital: Valuing the Planet, by Dieter Helm (Yale University Press, £20)

It was, as it happens, an economist who first suggested 40 years ago that more than 2°C of warming would “take the climate outside of the range of observations which have been made over the last several hundred thousand years.” William Nordhaus of Yale University compared humanity’s approach to climate change to spinning a roulette wheel: “Every year that we inject…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with our newsletter, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

More From Prospect