Environmental Economics & Policy 6th Edition by Tom Tietenberg,Lynne Lewis

Exercise 1

One of the toughest problems in achieving sustainable development is ensuring that the environmental problems are not solved at the expense of the poor. Higher resource prices, for example, could simply make key resources available only to those who can afford them. Thinking back over the course, what specific approaches that we discussed allow sustainable development to be achieved in an equitable manner? Can you think of other approaches that meet the test of fairness?