Economics of Life Cycle Assessment: Inefficiency of the Present Approach
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: Business Strategy and the Environment, Jahrgang 6, Nr. 1, 1997, S. 1-8.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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RIS
TY - JOUR
T1 - Economics of Life Cycle Assessment
T2 - Inefficiency of the Present Approach
AU - Schaltegger, Stefan
PY - 1997
Y1 - 1997
N2 - From an economic perspective, tools of environmental management must be eco‒efficient, i.e. they have to be economically efficient and they must lead to ecologically sound decisions. Life cycle assessment (LCA) is regarded as one of the most important environmental management tools today. It attempts to record and assess all the environmental impacts of the whole life cycle of a product. The potential benefits of LCA have been discussed extensively. However, the costs and the effects actually achieved have been vastly neglected. Economic analysis shows that the present approach of LCA is economically inefficient compared with site‒specific environmental management, and that it is likely to result in ecologically wrong decisions. © 1997 by John Wiley & Sons, Ltd and ERP Environment.
AB - From an economic perspective, tools of environmental management must be eco‒efficient, i.e. they have to be economically efficient and they must lead to ecologically sound decisions. Life cycle assessment (LCA) is regarded as one of the most important environmental management tools today. It attempts to record and assess all the environmental impacts of the whole life cycle of a product. The potential benefits of LCA have been discussed extensively. However, the costs and the effects actually achieved have been vastly neglected. Economic analysis shows that the present approach of LCA is economically inefficient compared with site‒specific environmental management, and that it is likely to result in ecologically wrong decisions. © 1997 by John Wiley & Sons, Ltd and ERP Environment.
KW - Sustainability sciences, Management & Economics
UR - http://www.scopus.com/inward/record.url?scp=0031425560&partnerID=8YFLogxK
U2 - 10.1002/(SICI)1099-0836(199702)6:1<1::AID-BSE84>3.0.CO;2-D
DO - 10.1002/(SICI)1099-0836(199702)6:1<1::AID-BSE84>3.0.CO;2-D
M3 - Journal articles
VL - 6
SP - 1
EP - 8
JO - Business Strategy and the Environment
JF - Business Strategy and the Environment
SN - 0964-4733
IS - 1
ER -