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- W2402649776 abstract "It is not possible to consider sustainability only from an economic or ecological point of view; issues such as economic-ecological integration, inter-generational and intra-generational equity are considered of fundamental importance. Two different economic approaches to environmental issues, i.e. neo-classical environmental economics and ecological economics, are compared. Some key differences such as weak versus strong sustainability, commensurability versus incommensurability and ethical neutrality versus different values acceptance are pointed out. The wild facts of today and their conflict with standard economic theory both have a well-known history. During the past two centuries, the economy has transformed the character of the planet and especially of human life. It has done so chiefly by industrialization. Industry has vastly increased the productivity of workers, so vastly that in spite of the great population increases in industrialized nations, the goods and services available to each have increased still. Ecological modernisation theory has been offered as a possible solution to the environmental problems currently facing advanced industrial countries. It suggests that regulation can help to solve environmental problems whilst at the same time making industry more competitive. In theory this can be achieved if regulation encourages the development and application of innovative technologies and production techniques. An understanding of how innovation takes place suggests that to some extent regulation can achieve what is suggested by ecological modernisation theory. This is particularly the case if it helps companies to overcome the considerable barriers to innovation which prevent them from moving beyond control technologies to consider clean technologies, from complementing technological change with organisational change and from exploring the strategic as well as the operational opportunities for improvement. This argument is assessed empirically through an examination of the implementation and impact of integrated pollution control (IPC). It should be combined economic and environmental improvement in industry as a result of the implementation of IPC, particularly where pollution inspectors have helped to develop the capacity of regulated firms to respond to the regulation. However, it is also shown that IPC fails to fully establish the imperative for action on environmental issues. Thus, whilst encouraging technological and organisational changes, it fails to establish the environment as a strategic concern in industry and as a result it is unlikely to promote the radical innovations that are associated with ecological modernisation in the longer-term." @default.
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- W2402649776 date "2010-06-13" @default.
- W2402649776 modified "2023-09-26" @default.
- W2402649776 title "Environmental policy and industrial innovation: integrating environment and economy through ecological modernisation" @default.
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