Upload
ashley-fields
View
217
Download
0
Tags:
Embed Size (px)
Citation preview
The Individual vs. Social Welfare
• Common resources– If we all use the resources without rules and
regulations, they will get used up and less will be available for everyone
– If we divide up the resources so that everyone is responsible for a share, then the resources last longer and everyone has enough
– Some person or group has to take responsibility…Think of the sheep
Economics of the Environment: Supply and Demand
• “The greater the demand for a limited supply of a [resource], the more that [resource] is worth.”
• In times of plenty, stuff is cheap…when things are scarce, stuff becomes expensive
Economics of the Environment: Cost and Benefits
• When determining how much money to put into a project, the benefits of the project must be weighed against the costs
• This is called a “cost-benefit analysis”• Costs usually end up being paid by tax dollars• The tax payers usually can vote between the more
expensive route that is most environmentally friendly…or the lesser expensive route that is usually not as environmentally friendly
Economics of the Environment: Risk Assessment
• Cost-benefit analysis involves risk assessment by the consumers or tax payers
• They must be given an accurate depiction of the risks involved which doesn’t always happen
• One survey showed people believed Nuclear Power to be super risky for the community but experts place the risk value below that of riding a bicycle and getting into an accident
Developed Nations• Higher average income per person• Slower population growth• Diverse industrial economies• Stronger social support systems, ie: social security• EX: US, Canada, Japan, Western Europe
Developing Nations
• Lower average income per person• Simple and agriculture-based economy• Rapid population growth
Population and Consumption• Overpopulation problems:
– Forests stripped bare– Topsoil exhausted leads to less agriculture– Animals go extinct– Malnutrition, starvation and disease– Populations grow very quickly in underdeveloped nations
• Food production, education and job opportunities cannot keep up with the population
• Less than half of the 4.5 billion people in developing nations have enough food, safe drinking water and healthy sanitation
Life is different in Developed Nations• Pollution controls improve every year• Population grows more slowly• HOWEVER:
– Developed nations use about 75% of the Earth’s resources– Developed nations only account for 20% of the Earth’s total
population• Consumption of resources in developed nations leads to more
waste and pollution per person than underdeveloped nations• Ecological footprint: “…the productive area of Earth needed to
support one person in a particular country.”– Accounts for crop space, grazing, forest products, housing and ocean
area as well as forest area needed to absorb the air pollution created from the production of these products
– Ex: USA – 30 acres per person, INDIA – 2.5 acres per person
Sustainability• Sustainability: “…the condition in which human needs are
met in such a way that a human population can survive indefinitely.”
• As technology changes and civilizations change we must all change our usage of resources in order to sustain the human population
• Developed countries overuse resources… by A LOT• Underdeveloped countries do as well in a different way• Creating a planet where every person has what they need is
a long long way from where we are now…but it’s not unachievable! We just all need to be aware of how our actions impact the Earth
• Think Globally, act locally!
Homework Check
• Chapter 1 section 2 Questions 1, 2, 41) Describe three differences between developing
and developed nations using the examples in Table 3. Would you classify Mexico as a developing nation? Explain.
2) Explain why critical thinking is an important skill in environmental science.
4) The law of supply and demand is a simplification of economic patterns. What other factors might affect the cost of a barrel of oil?