GDP is misleading measure of wealth, says top economist

January 5th, 2010 by Editor

The most commonly used measure of overall economic output is misleading and inaccurate, according to one of the world’s leading economists, who says Gross Domestic Product (GDP) ignores the value of natural ecosystems — an essential component of wealth. Aquifers, ocean fisheries, tropical forests, estuaries and the atmosphere, should but are not used to estimate nations’ wealth, he argues.
By sciencedaily.com
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Copenhagen was more than the accord

December 23rd, 2009 by Editor

Many are disappointed with COP15’s main output. However, the summit did not only introduce the Copenhagen Accord but also a new kind of dynamics in global climate policy.
By en.cop15.dk

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