Explain environmental skills considering the view of classical and neoclassical economic

Classical economics views environmental skills as primarily related to the efficient extraction and use of natural resources, seen as inputs to production. Skills would involve resource management, understanding resource limits, and efficient labor application in resource-dependent industries.

Neoclassical economics expands this by incorporating the concept of externalities. Environmental skills here include identifying, measuring, and mitigating negative externalities (like pollution) through mechanisms such as taxes, regulations, or property rights. The goal is to internalize these costs into economic decision-making, leading to a more socially optimal allocation of resources and a reduction in environmental degradation. Skills would involve cost-benefit analysis, environmental valuation, and policy design.