Abstract
Maximising the value and utilisation rate of the capital stock of durable goods offers a way to sustain wellbeing even in a capacitated environment. Niche examples demonstrate the potential, but new framing conditions and incentives are needed if the approach is to become mainstreamed. Although single-measure solutions to the essentially-systemic problem of how to provide incentives for change are unlikely, some measures may nevertheless be pivotal. Resource/emission ceilings and individual allowances (preferably tradable) for one or two critical resources or pollutants could form the lynchpin in a systemic approach to restructuring markets that would act on producers and consumers simultaneously.
Original language | English |
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Pages (from-to) | 310-333 |
Number of pages | 24 |
Journal | International Journal of Product Development |
Volume | 6 |
Issue number | 3-4 |
DOIs | |
Publication status | Published - 2008 |
Externally published | Yes |
Keywords
- Extended producer responsibility
- Green national accounts
- Individual carbon allowances
- Product capital stock
- Product lifespan
- Product utilisation rates
- Product-service-systems
- Property rights
- Service-products
- Tradable permits
- Warranty period