Journal: News & Comment

Thursday, August 22, 2002
# 1:30:00 AM:

Doing the right thing, if you can figure it out

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I'll just quote:

In the decade since the first earth summit, held in Rio de Janeiro, the destruction of natural habitats has accelerated. How can this be, if protecting the environment makes economic sense? In a telephone interview with Salon, [Robert] Costanza explained that the problem is -- what else, these days? -- bad accounting. If governments devised rules that required corporations to "internalize" any environmental damage they might cause, Costanza says, we'd probably see a lot of companies thinking about the fate of our grandchildren.


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