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- Info
Land use regulation in the Lake George basin: An ecological economic perspective
| Author: |
Olsen, Peg R.; Gowdy, John M. |
| Date: |
1992 |
| Periodical: |
Ecological Economics |
| Abstract: |
This paper examines land use policy in Lake George, New York. In spite of a multitude of federal, state, and local regulations the environmental quality of Lake George has deteriorated significantly in recent years. We attribute this to a planning approach based implicitly on conventional economics. This approach is characterized by marginal analysis, exclusive reliance on discounted market values, and an emphasis on economic growth. We argue that an ecological economic approach explicitly recognizing the inherent conflict between economic activity and environmental protection is necessary to prevent further deterioration of the Lake George environment. We recommend a proactive planning approach clearly delineating the level of environmental integrity to be achieved and allowing this to be the governing factor in determining the permissible level of economic activity. |
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