Green accounts point to integration of economic and environmental policy
The first in an annual series of official environmental accounts was published by the Office for National Statistics (ONS) in August.1 The document is a modest beginning, looking at three themes - air emissions by sector, environmental spending by industry, and the depletion of oil and gas reserves. It has been greeted critically by those looking for a full greening of the national accounts - but it may also pave the way to more sophisticated policy-making by making it possible to assess the pollution and resource intensity of individual industries alongside their contributions to the economy and employment.
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