The price of environmental destruction? There is none | Andrew Simms

Putting a price on nature becomes meaningless if we treat the ecosystems upon which we depend as mere commodities with a price for trading

• World's top firms cause $2.2tn of environmental damage, report warns

The economy is no stranger to creating its own fantasy world with little or no relation to the real one. We witnessed the damage that can cause when the banks thought they had stumbled on financial alchemy and could transform bad debt into good – economic base metal into gold.

Now it's...