QUOTES BY Barry Gardiner
GDP has been a con perpetrated upon the poor of the world: a measure of economic activity and not of actual wealth. What it masks is the way in which we transform their natural capital into our consumption through international rules that regard the ecosystem services upon which they rely as mere externalities.
We all know the principle that the polluter pays? Well one day I got to wondering why it is that the polluter seems to get away with it quite so often! Then it occurred to me that if the polluter is going to pay, somebody needs to tell him how much. The proper valuation of natural capital will enable us to say how much.