How it makes economic sense to kill people (editorial)

  • 19/02/2008

  • Hindu

George Monbiot Britain's official approach to climate change puts a price on human lives. And the richer you are, the more yours is worth This is a column about how good intentions can run amok. It tells the story of how an honourable, intelligent man set out to avert environmental disaster and ended up accidentally promoting the economics of the slave trade. It shows how human lives can be priced and exchanged for goods and services. The story begins in a village a few kilometres to the west of London. The United Kingdom government proposes to flatten Sipson in order to build a third runway for London-Heathrow airport. The public consultation is about to end, but no one doubts that the government has made up its mind. Its central case is that the economic benefits of building a third runway outweigh the economic costs. The extra capacity, the government says, will deliver a net benefit to the British economy of