Monday, March 10, 2014

The Daly Rules* for EC 2003

A. Renewable resources:

Renewable resources should be exploited in a manner such that:

(1) harvesting rates do not exceed regeneration rates; and

(2) waste emissions do not exceed the renewable assimilative capacity of the local environment.

B. Nonrenewable resources

Nonrenewable resources should be depleted at a rate equal to the rate of creation of renewable substitutes.

*These appear in several sources, but the original is found on page 227, Valuing the Earth: Economics, Ecology, Ethics, Herman E. Daly and Kenneth N. Townsend (1993, first edition 1977)

ISBN 0-262-54068-1 MIT Press 800-356-0343 or 617-253-2884

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