Showing papers by "James Boyd published in 2007"
TL;DR: In this article, the authors argue that the term "ecosystem services" is too ad hoc to be of practical use in welfare accounting and propose a definition, rooted in economic principles, of final ecosystem service units.
1,545 citations
TL;DR: Green gross domestic product (green GDP) is meant to account for nature's value on an equal footing with the market economy as discussed by the authors, but several problems bedevil green GDP, such as the fact that nature does not come prepackaged in units like cars, houses, and bread.
128 citations
18 Jul 2007
TL;DR: In this article, the authors review current experience with water quality trading programs and evaluate trading's potential as a future water quality management tool, as well as the administrative and technical barriers to trading.
Abstract: The paper reviews current experience with water quality trading programs and evaluates trading's potential as a future water quality management tool. The relative virtues of cap and trade (CAT) versus regulatory offset programs are discussed, as are administrative and technical barriers to trading. Several existing trade programs are discussed in detail. The article places particular emphasis on the relationship between water quality trading and watershed-based regulatory initiatives such as the total maximum daily load program.
4 citations