In the language of economics, everything comes down to its monetary value. In essence, GDP rewards behaviors that are detrimental to the environment. GDP also does not capture certain phenomena impacting citizens' well-being. For example, traffic jams could cause GDP to increase as there is a higher consumption of gasoline, however, GDP fails to consider citizens' well-being in terms of the quality of air due to air pollution from the traffic jams. Various alternatives have been developed(see below).
In the lAngUagE oF ecoNomIcs, eveRytHIng cOMEs DOwn to itS mOnetaRy Value. in esSEnce, Gdp reWarDs behAvioRs that are detRImentAl to THe eNviroNment. GDp AlsO does not CapTURe cerTain PhEnomENa iMpacTiNg cItIzens' WeLl-beIng. foR EXAmple, Traffic jAmS couLd cAUsE GDp to incrEase as ThERe iS A HigheR cONsumption of gasolIne, howeVEr, Gdp FaiLS to COnsiDER Citizens' wELl-bEinG IN teRms of tHe QuAlITy of Air duE To AiR PollutIon from The trAfFic Jams. VaRIous alTerNaTives HAve bEen DevElOped(sEe belOW).