Environmental Debt by Amy Larkin
The Hidden Costs of a Changing Global Economy

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Generally frank and well-meaning but also boosterish and not always tight in its arguments.
-Kirkus

Synopsis

An award-winning environmental activist and social entrepreneur exposes the link between our financial and environmental crises



For decades, politicians and business leaders alike told the American public that today's challenge was growing the economy, and that environmental protection could be left to future generations. Now in the wake of billions of dollars in costs associated with coastal devastation from Hurricane Sandy, rampant wildfires across the West, and groundwater contamination from reckless drilling, it's becoming increasingly clear that yesterday's carefree attitude about the environment has morphed into a fiscal crisis of epic proportions.

Amy Larkin has been at the forefront of the fight for the environment for years, and in Environmental Debt she argues that the costs of global warming, extreme weather, pollution and other forms of "environmental debt" are wreaking havoc on the economy. Synthesizing complex ideas, she pulls back the curtain on some of the biggest cultural touchstones of the environmental debate, revealing how, for instance, despite coal's relative fame as a "cheap" energy source, ordinary Americans pay $350 billion a year for coal's damage in business related expenses, polluted watersheds, and in healthcare costs. And the problem stretches far beyond our borders: deforestation from twenty years ago in Thailand caused catastrophic flooding in 2011, and cost Toyota 3.4 percent of its annual production while causing tens of thousands of workers to lose jobs in three different countries.

To combat these trends, Larkin proposes a new framework for 21st century commerce, based on three principles: 1) Pollution can no longer be free; 2) All business decision making and accounting must incorporate the long view; and 3) Government must play a vital role in catalyzing clean technology and growth while preventing environmental destruction. As companies and nations struggle to strategize in the face of global financial debt, many businesses have begun to recognize the causal relationship between a degraded environment and a degraded bottom line. Profiling the multinational corporations that are transforming their operations with downright radical initiatives, Larkin presents smart policy choices that would actually unleash these business solutions to many global financial and environmental problems.
Provocative and hard-hitting, Environmental Debt sweeps aside the false choices of today's environmental debate, and shows how to revitalize the economy through nature's bounty.

 

About Amy Larkin

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Amy Larkin is the Business Advisor for Greenpeace International and the former director of Greenpeace Solutions. She has been featured in The Washington Post, Newsweek, Reuters, Bloomberg, and Greenbiz, appeared on NPR and CNBC, and won multiple awards, including a recent nomination for the United Nations Foundation Clean Energy, Education and Empowerment Award. She is the Chair of the Advisory Board of Biomimicry NYC and a Strategic Advisor to the public policy think tank RESOLVE, and is currently advising Mars, Inc. and Unilever on overhauling their supply chain and manufacturing operations. She lives in New York City.
 
Published June 25, 2013 by St. Martin's Press. 258 pages
Genres: Business & Economics, Computers & Technology, Nature & Wildlife, Science & Math, Political & Social Sciences, Professional & Technical. Non-fiction
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Kirkus

Above average
on May 05 2013

Generally frank and well-meaning but also boosterish and not always tight in its arguments.

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