The Next Economics Global Cases in Energy, Environment, and Climate
The Next Economics focuses on how the field of economics must change and incorporate environment, energy, health and new technologies that are called externalities for stopping and reversing climate change. The field of economics needs to become a science
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Woodrow W. Clark II Editor
The Next Economics Global Cases in Energy, Environment, and Climate Change
Editor Woodrow W. Clark II Clark Strategic Partners Beverly Hills, CA, USA
ISBN 978-1-4614-4971-3 ISBN 978-1-4614-4972-0 (eBook) DOI 10.1007/978-1-4614-4972-0 Springer New York Heidelberg Dordrecht London Library of Congress Control Number: 2012951413 © Springer Science+Business Media New York 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
This book is dedicated to my wife, Andrea and our son, Paxton, who both supported and will benefit from this book’s vision for the future.
Foreword
I have known Woody and his work for two decades, since we initially collaborated on United National Intergovernmental Panel on Climate Change assessment reports. Woody was one of the first guest lecturers in my energy courses at the University of California, Berkeley. What I noticed consistently was that Woody was always looking ahead – sometimes far, far head. In The Next Economics, his timing could not be more on the money. With the world economies in trouble, in large part due to the failure of the Western economic models, he has provided vision that makes a difference. Central to his analysis of the opportunity for a paradigm shift to a Green Industrial Revolution is the
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