White House Aims to Reflect the Environment in Economic Data

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https://www.nytimes.com/2023/01/20/business/economy/economic-statistics-climate-nature.html

By Lydia DePillis, The New York Times. 

Excerpt: Forests that keep hillsides from eroding and clean the air. Wetlands that protect coastal real estate from storm surges. Rivers and deep snows that attract tourists and create jobs in rural areas. All of those are natural assets of perhaps obvious value — but none are accounted for by traditional measurements of economic activity. On Thursday, the Biden administration unveiled an effort to change that by creating a system for assessing the worth of healthy ecosystems to humanity. The results could inform governmental decisions like which industries to support, which natural resources to preserve and which regulations to pass.... 

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