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Giving GDP a needed ecological companion

from Michigan State University via ScienceDaily

Giving GDP a needed ecological companion Michigan State University via ScienceDaily In this week's interdisciplinary journal — Proceedings of the National Academy of Sciences, an international group of scholars show that gross domestic product (GDP) fails to fully capture nature's contributions to economic activity and human well-being. In addition to the D — domestic, there needs to be an E for ecosystem. Gross ecosystem product (GEP) summarizes the economic value of nature's contributions to humans. READ MORE

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