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Factor Five: Transforming the Global Economy through 80% Improvements in Resource Productivity

Edited By: E von Weizsacker, K Hargroves, MH Smith, C Desha and P Stasinopoulos

448 pages, full colour photographs, figures, index


Hardback | Nov 2009 | #180884 | ISBN-13: 9781844075911
Availability: Usually dispatched within 6 days Details
NHBS Price: £24.95 $31/€28 approx

About this book

When first published in 1997, "Factor Four: Doubling Wealth, Halving Resource Use" by renowned economic and engineering experts Ernst von Weizsacker, Amory Lovins and L. Hunter Lovins, transformed how economists, policy makers, engineers, entrepreneurs and business leaders thought about innovation and wealth creation. Twelve years on, with climate change at the top of the world agenda and the new economic giants of China and India needing ever more resources, there is a unique historic opportunity to scale up resources efficiency and radically transform the global economy.

"Factor Five" is the book set to change all of this. Picking up where "Factor Four" left off, this new book examines the past 15 years of innovation in industry, technical innovation and policy. It shows how and where factor four gains have been made and how we can achieve greater factor five or 80 per cent + improvements in resource and energy productivity. The book tackles sustainable development and climate change, energy productivity, the built environment, transport and industry, material productivity including steel, concrete and timber, chemistry, engineering, water efficiency and sustainable agriculture. It also looks at innovation in regulation to increase resource productivity, pricing, carbon trading, eco-taxation and permits and the role of international institutions and trade.

Like its predecessor, this book is simply the most important work on the future of innovation, business, economics and policy and is top drawer reading for leaders across all sectors including business and industry, government, engineering and design and teaching.

'A timely manefesto... focusing on solutions rather than problems [it] makes a persuasive case for accelerating the pace of change.' Factor Four review, The Financial Times


Introduction by Ernst von Weizs#cker - Factor 5: A Global Imperative

Part I: A Whole System Approach to Factor 5, by The Natural Edge Project
Preface to the Sector Studies
1. A Framework for Factor 5
2. The Buildings Sector
3. The Heavy Industry Sector
4. The Agricultural Sector
5. The Transport Sector

Part II: Making it Happen, by Ernst von Weizs#cker
6. Regulation: The Visible Hand
7. Economic Instruments for the Environment, for Efficiency and for Renewable Energies
8. Addressing the Rebound Dilemma
9. A Long-Term Ecological Tax Reform
10. Balancing Public with Private Goods
11. Sufficiency in a Civilised World

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Ernst von Weizsacker is Dean of the Donald Bren School of Environmental Science & Management, University of California, Santa Barbara, USA. He is also the lead author of Factor Four (Earthscan 1998).
Karlson 'Charlie' Hargroves, Michael H. Smith, Cheryl Desha and Peter Stasinopoulos are members of The Natural Edge Project, a Sustainability Think-Tank hosted by Griffith University and the Australian National University.

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