A case in point. This summer’s B.C. spot prawn season got derailed – by Asia. Delicious local prawns that usually would go for 8-9 dollars a pound were suddenly demanding prices of 38-39 dollars a pound, head on, in Vancouver.
What happened? Apparently Asia’s (China’s) shrimp/prawn stocks succumbed to some sort of environmental disorder. . . . → Read More: The Disaffected Lib: We Need New Ways of Pricing Natural Capital
“Natural capital” comprises things from nature that belong to no one and to everyone – things like the atmosphere. Other types of natural capital are considered national assets, like a country’s groundwater.
Natural capital is what allows us to go for lovely walks through the forest or camping in national parks. It is also . . . → Read More: The Disaffected Lib: The Gordion Knot of Modern Industrialism – Pricing Natural Capital
Hey, Steve Harper, are you listening? The World Bank is calling. They want Canada, and every other country, to start putting values, okay price tags, on all their natural capital.
Forests, peatlands, coasts, water, wildlife – everything should be costed out. That way you can do a bit of math and figure out the . . . → Read More: The Disaffected Lib: World Bank, Countries Must Value Their Natural Capital