ABSTRACT

This chapter deals with J. O'Neill that one may examine the issues about environmental decisions fruitfully in terms of market boundaries; that from this perspective, the use of cost-benefit analysis (CBA) is to be seen as an endorsement, rather than a rejection, of the market. O'Neill represents his own arguments against economist solutions to environmental problems as belonging to, the boundaries framework. The chapter argues that O'Neill has available to him another ground for objecting to the economism of environmental CBA, one that remains within the anthropoccntric standpoint but which is not to do with reason-blindness. O'Neill acknowledges that in many cases the use of CBA does lead to the 'right' decisions – environmentally-protective ones. Rights-based arguments for market boundaries or limitations differ significantly from those which focus instead on wellbeing and the 'goods' which contribute to this.