"An economics textbook that puts environmental capital in first place, and then uses good economic theory to arrive at truthful conclusions and relevant policies. A big step forward in teaching economics!" -- Herman Daly, Emeritus Professor, University of Maryland, School of Public Policy, USA

"At last an economics textbook that acknowledges that the basis of an economy is the environment. The potential role of economics in addressing many of the environmental issues facing our planet, especially climate change, has been hampered by the incomplete nature of the basic tenets of neo-classical economics. This book corrects that problem and will provide students with the tools to make much sharper contributions to current policy debates. It is an ideal textbook for any serious environmental economics course." -- Peter Phibbs, Department of Urban and Regional Planning Director, Henry Halloran Trust, University of Sydney, Australia

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