Abstract
In contrast to the other contributions to this volume, our chapter concentrates on an economic approach to the problems of mine wastes and dredged materials. We stress the existence of trade-offs between economics and environmental protection, which may be interpreted in terms of the unifying notion of entropy. The aim of this chapter is to show:
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1.
That there is a strong presumption that the market allocation of depletable resources is intertemporally suboptimal resulting in prices which are too low to allow for sufficient protection of the environment and of the needs of future generations;
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How the concept of entropy may serve to make way towards a reconciliation of economics (or, more exactly, between the consumption of goods) and environmental protection in the case of mine tailings and dredged material.
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Faber, M., Wagenhals, G. (1988). Towards a Long-Term Balance Between Economics and Environmental Protection. In: Salomons, W., Förstner, U. (eds) Environmental Management of Solid Waste. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-61362-3_13
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DOI: https://doi.org/10.1007/978-3-642-61362-3_13
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