Australia cannot get its environmental act together. We don’t even have the information we need to fix environmental problems. But there is a better way.
Australia’s first ‘land account’ is a great example of the nation’s environmental policy culture: we develop or adopt good ideas, but then tinker with, or even discard them.
Botswana’s elephants are officially an economic asset.
Ian Sewell/Wikimedia Commons
At an international summit in Egypt this month, nations will hopefully make progress towards recognising the economic value of wildlife and other environmental assets.
The latest Australian Environmental-Economic Accounts tell us waste production is rising with GDP, but the information is incomplete and widely ignored.
Estormiz/Wikimedia
Water and energy use are becoming more efficient, which is good news for both the economy and the environment. But Australia has yet to realise the value of national environmental accounting.
Would you pay more if you thought it would help?
Wikimedia Commons
Is Australia undervaluing its most valuable natural asset by only charging $6.50 a day to visit the Great Barrier Reef? And would it help if tourists were asked to pay more?
Mountain ash in the Victorian Central Highlands.
Takver/Flickr
When we don’t factor in the environment in our economic decision making, we aren’t getting an acurate picture of what’s happening. Australia needs to adopt more environmental economics.