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Thu July 25, 2013

Nature's Price Tag

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An emerging area of economics aims to put a price on nature as a way of justifying preserving it in societies dominated by the wisdom of markets. A mountain stream, for example, provides many economic benefits beyond people who own property near it or drink water from it. The same is said of bees that pollinate our food, wetlands that cleans water, and trees that drink up carbon dioxide. If nature were a corporation it would be a large cap stock. Putting a precise tag on something long seen as free is a conceptual leap. However many large companies are starting to realize the extent to which their profits rely on well operating ecosystems. A conversation about ecosystem services and the economic value of the natural world.

Larry Goulder, Professor of Environmental and Resource Economics, Stanford
Tony Juniper, Associate Professor, University of Cambridge Programme for Sustainability Leadership; Special Advisor to The Prince of Wales International Sustainability Unit, @TonyJuniper

Date: Thursday, July 25
Location: The Commonwealth Club, SF Club Office, 595 Market Street, Second Floor, San Francisco
Time: 5:30 p.m. check-in, 6 p.m. program, 7 p.m. networking reception
Cost: $20 non-member, $12 members, $7 students

The speakers and audience will be videotaped for future broadcast on the Climate One TV show on KRCB TV 22 on Comcast and DirecTV.
An emerging area of economics aims to put a price on nature as a way of justifying preserving it in societies dominated by the wisdom of markets. A mountain stream, for example, provides many economic benefits beyond people who own property near it or drink water from it. The same is said of bees that pollinate our food, wetlands that cleans water, and trees that drink up carbon dioxide. If nature were a corporation it would be a large cap stock. Putting a precise tag on something long seen as free is a conceptual leap. However many large companies are starting to realize the extent to which their profits rely on well operating ecosystems. A conversation about ecosystem services and the economic value of the natural world.

Larry Goulder, Professor of Environmental and Resource Economics, Stanford
Tony Juniper, Associate Professor, University of Cambridge Programme for Sustainability Leadership; Special Advisor to The Prince of Wales International Sustainability Unit, @TonyJuniper

Date: Thursday, July 25
Location: The Commonwealth Club, SF Club Office, 595 Market Street, Second Floor, San Francisco
Time: 5:30 p.m. check-in, 6 p.m. program, 7 p.m. networking reception
Cost: $20 non-member, $12 members, $7 students

The speakers and audience will be videotaped for future broadcast on the Climate One TV show on KRCB TV 22 on Comcast and DirecTV.
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110 The Embarcadero, San Francisco, CA 94105

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