"In The New Environmental Economics, Éloi Laurent brings justice and sustainability to center stage as foundations for sound environmental policy - where they belong. This book could help to revolutionize the teaching of this vital subject."James K. Boyce, University of Massachusetts Amherst"All economics is - or should be - environmental economics. Éloi Laurent eloquently reminds us that, as the science of allocating scarce resources, economics has questions of environmental science and social justice at its heart. This book sets out what is needed for economic policy to deliver sustainability in its broadest sense. The challenge could not be more urgent."Diane Coyle, University of Cambridge
Introduction: Economics for the 21st centuryPart 1. Ideas and toolsChapter 1. What the classics know about our world, what 20th century economics forgotChapter 2. Humans within the biosphere: the paradox of domination and dependenceChapter 3. Governing the commons fairlyChapter 4. Spheres of environmental justiceChapter 5. Natural resources, externalities and sustainability: a critical toolboxPart 2. 21st century social-ecological challengesChapter 6. Biodiversity and ecosystems under growing and unequal pressureChapter 7. Beyond EXPOWA (Extraction, pollution and waste)Chapter 8. Energy, Climate and JusticeChapter 9. Well-being and our environment: from trade-offs to synergiesChapter 10. Social-ecology: connecting the inequality and ecological crisesChapter 11. The social-ecological transition in context: capitalism, democracy, globalization and digitalizationChapter 12. Urban sustainability and polycentric transitionConclusion: Open economics
Éloi Laurent is a Senior Research Fellow at OFCE (Sciences Po Center for Economic Research, Paris), Professor at the School of Management and Innovation at Sciences Po, and Visiting Professor at Stanford University.