If society is committed to sustainability, why doesnt society insist that government departments use 0% per annum
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If society is committed to sustainability, why doesn’t society insist that government departments use 0% per annum or low rates for appraisal studies? Or is this where politics intrudes on rational thinking?
The appropriate rate to use should reflect society’s preference for allocating natural resource usage over time. Why might the determination of a social discount rate be controversial?
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Related Book For
Infrastructure Investment An Engineering Perspective
ISBN: 9781466576698
1st Edition
Authors: David G. Carmichael
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