Podcast
Questions and Answers
In mainstream economics, what is the primary measure of immediate usefulness?
In mainstream economics, what is the primary measure of immediate usefulness?
- Resource conservation
- Environmental sustainability
- Profit (correct)
- Social equity
Which assumption of mainstream economics is most likely to contribute to environmental degradation?
Which assumption of mainstream economics is most likely to contribute to environmental degradation?
- Resources are infinite and substitutable. (correct)
- The market favors equilibrium between supply and demand.
- Long-term effects are discounted.
- Costs and benefits are internal.
How does mainstream economics typically view the environment?
How does mainstream economics typically view the environment?
- As a source of intrinsic value
- As a critical system to be protected above all else
- As an external 'factor of production' (correct)
- As a potential market for environmental goods and services
Many believe that environmental regulations lead to excessive costs for industry and restrict rights of private citizens; what is the ultimate result?
Many believe that environmental regulations lead to excessive costs for industry and restrict rights of private citizens; what is the ultimate result?
What creates the economy-versus-environment divide?
What creates the economy-versus-environment divide?
What is a consequence of endless economic growth?
What is a consequence of endless economic growth?
What gives the illusion that resources are unlimited under endless economic growth?
What gives the illusion that resources are unlimited under endless economic growth?
What is a long-term result that endless economic growth leads to?
What is a long-term result that endless economic growth leads to?
Which of the following best describes the relationship between a city's physical footprint and its ecological footprint?
Which of the following best describes the relationship between a city's physical footprint and its ecological footprint?
A country with a high population density is MOST likely to face environmental challenges related to:
A country with a high population density is MOST likely to face environmental challenges related to:
How does affluence contribute to a larger global ecological footprint?
How does affluence contribute to a larger global ecological footprint?
What is the primary focus of economics as a field of study?
What is the primary focus of economics as a field of study?
The term 'oikos', the root of both 'ecology' and 'economics', signifies:
The term 'oikos', the root of both 'ecology' and 'economics', signifies:
Why is understanding ecological footprints important for addressing environmental issues?
Why is understanding ecological footprints important for addressing environmental issues?
According to the information provided, when did humanity's global ecological footprint exceed the Earth's capacity?
According to the information provided, when did humanity's global ecological footprint exceed the Earth's capacity?
Which of the following is a key factor contributing to the variation in ecological footprints among different countries?
Which of the following is a key factor contributing to the variation in ecological footprints among different countries?
How does human affluence primarily contribute to increased environmental impact, according to the information provided?
How does human affluence primarily contribute to increased environmental impact, according to the information provided?
According to the IPAT model, what are the four primary factors that determine the total environmental impact?
According to the IPAT model, what are the four primary factors that determine the total environmental impact?
In the context of environmental impact, how can technology serve as both a problem and a solution?
In the context of environmental impact, how can technology serve as both a problem and a solution?
What is a fundamental premise regarding resource usage that suggests an affluent lifestyle is unsustainable?
What is a fundamental premise regarding resource usage that suggests an affluent lifestyle is unsustainable?
How do developed and developing countries typically differ in their resource consumption patterns?
How do developed and developing countries typically differ in their resource consumption patterns?
How do education, laws and ethics relate to the IPAT model?
How do education, laws and ethics relate to the IPAT model?
What does the infographic 5.4 from Branfireun et al.(2014) show?
What does the infographic 5.4 from Branfireun et al.(2014) show?
What tool is used to measure the environmental impact of population size, affluence and technology?
What tool is used to measure the environmental impact of population size, affluence and technology?
Ecological economics proposes a fundamental shift in perspective. How does it redefine the relationship between the human economy and the environment?
Ecological economics proposes a fundamental shift in perspective. How does it redefine the relationship between the human economy and the environment?
Which of the following best describes the central argument of ecological economics?
Which of the following best describes the central argument of ecological economics?
Mainstream economics operates under specific assumptions regarding resources and waste. Which of the following statements best describes these assumptions?
Mainstream economics operates under specific assumptions regarding resources and waste. Which of the following statements best describes these assumptions?
How does environmental economics propose to solve environmental problems while sustaining economic growth?
How does environmental economics propose to solve environmental problems while sustaining economic growth?
According to the principles of ecological economics, where should we seek solutions for creating a more sustainable economic model?
According to the principles of ecological economics, where should we seek solutions for creating a more sustainable economic model?
What is the fundamental relationship between natural resources, economies, and human society, as emphasized by ecological economics?
What is the fundamental relationship between natural resources, economies, and human society, as emphasized by ecological economics?
What is the primary focus of shifting economic goals toward sustainability?
What is the primary focus of shifting economic goals toward sustainability?
Which of the following best exemplifies an ecological economics approach to addressing environmental problems?
Which of the following best exemplifies an ecological economics approach to addressing environmental problems?
What does living within 'our means' imply in the context of resource consumption and sustainability?
What does living within 'our means' imply in the context of resource consumption and sustainability?
Which of the following is the closest meaning of the term 'affluenza'?
Which of the following is the closest meaning of the term 'affluenza'?
Why is appreciating less visible benefits, like ecosystem services, important for shifting economic goals toward sustainability?
Why is appreciating less visible benefits, like ecosystem services, important for shifting economic goals toward sustainability?
What is a key distinction between environmental economics and ecological economics in addressing sustainability?
What is a key distinction between environmental economics and ecological economics in addressing sustainability?
Which approach aligns with prioritizing long-term sustainability over short-term economic gain?
Which approach aligns with prioritizing long-term sustainability over short-term economic gain?
Which approach primarily focuses on reintegrating materials back into the production cycle at the end of a product's life?
Which approach primarily focuses on reintegrating materials back into the production cycle at the end of a product's life?
What is the primary aim of the 'Cradle-to-Cradle' approach in product design and manufacturing?
What is the primary aim of the 'Cradle-to-Cradle' approach in product design and manufacturing?
A company is performing a Life Cycle Assessment (LCA) on its new line of smartphones. If they are using a 'Cradle-to-Grave' approach, what aspects will they consider?
A company is performing a Life Cycle Assessment (LCA) on its new line of smartphones. If they are using a 'Cradle-to-Grave' approach, what aspects will they consider?
Which of the following represents a significant challenge in integrating environmental protection into economic systems?
Which of the following represents a significant challenge in integrating environmental protection into economic systems?
What is a key strategy for mitigating the environmental impacts of human consumption, according to the information provided?
What is a key strategy for mitigating the environmental impacts of human consumption, according to the information provided?
Why are prevailing economic assumptions often considered damaging to the environment?
Why are prevailing economic assumptions often considered damaging to the environment?
Which of the following actions would best exemplify rethinking and modifying economic systems to include the environment?
Which of the following actions would best exemplify rethinking and modifying economic systems to include the environment?
How does a growth-oriented economic model typically impact environmental sustainability?
How does a growth-oriented economic model typically impact environmental sustainability?
Flashcards
Human Affluence
Human Affluence
Increased resource consumption due to lifestyle.
Resource Use by Country Type
Resource Use by Country Type
Developed countries use more resources per person compared to developing countries.
IPAT Model
IPAT Model
Human impact (I) is a product of population (P), affluence (A), technology (T), and sensitivity (S).
Population (in IPAT)
Population (in IPAT)
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Affluence (in IPAT)
Affluence (in IPAT)
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Technology (in IPAT)
Technology (in IPAT)
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Sensitivity (in IPAT)
Sensitivity (in IPAT)
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Ecological Footprint Model
Ecological Footprint Model
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Ecological Footprint
Ecological Footprint
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Urban Ecological Footprint
Urban Ecological Footprint
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Affluence as a Problem
Affluence as a Problem
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Varied Ecological Footprints
Varied Ecological Footprints
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Consumption & Footprint
Consumption & Footprint
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Earth's Carrying Capacity
Earth's Carrying Capacity
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Economics
Economics
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Environment as Resource Base
Environment as Resource Base
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Ecological Economics
Ecological Economics
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Economy-Environment Interdependence
Economy-Environment Interdependence
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Nature's Efficiency
Nature's Efficiency
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Natural Resources Importance
Natural Resources Importance
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Mainstream Economics Assumptions
Mainstream Economics Assumptions
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Mainstream Economics
Mainstream Economics
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External Costs
External Costs
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The Bottom Line
The Bottom Line
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Market Equilibrium
Market Equilibrium
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Infinite Resources (Assumption)
Infinite Resources (Assumption)
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Discounting Long-Term Effects
Discounting Long-Term Effects
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Endless Economic Growth
Endless Economic Growth
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Economy-versus-Environment Divide
Economy-versus-Environment Divide
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Affluenza
Affluenza
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Sustainable Economic Goals
Sustainable Economic Goals
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Live Within Our Means
Live Within Our Means
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Triple Bottom Line
Triple Bottom Line
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Appreciate Ecosystem Services
Appreciate Ecosystem Services
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Environmental Economics
Environmental Economics
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Tech to Solve Problems
Tech to Solve Problems
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Cradle-to-Grave Approach
Cradle-to-Grave Approach
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Cradle-to-Cradle Approach
Cradle-to-Cradle Approach
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Life Cycle Assessment
Life Cycle Assessment
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Growth-Oriented Economies
Growth-Oriented Economies
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Environmental Protection and Social Justice
Environmental Protection and Social Justice
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Advances in Technology and Efficiency
Advances in Technology and Efficiency
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Economic Value of Ecosystems
Economic Value of Ecosystems
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Study Notes
- Human affluence can be a problem because it increases resource consumption.
- Developed countries use more resources per person, while developing countries use less.
- An affluent lifestyle is ultimately unsustainable.
- 20% of the global population consumes over 80% of Earth's natural resources.
Human Affluence and the IPAT Model
- The total impact (I) on the environment results from the interaction of population (P), affluence (A), and technology (T), alongside a sensitivity (S) factor.
- Population refers to individuals who require space and resources.
- Affluence is the consumption or the greater per capita resource use.
- Technology can lead to increased resource exploitation.
- Sensitivity is the degree to which an area is susceptible to human pressures.
- Model refinements include education, laws, and ethics considerations.
- The IPAT model = the environmental impact of population size, affluence, and technology use and is measured using the Ecological Footprint Model.
Ecological Footprint
- Ecological Footprint is an estimation of environmental impact.
- It calculates the land/water area needed for resources and waste assimilation for an individual, population, business, or country.
- Urban areas have a 'physical footprint' that is smaller than their 'ecological footprint' due to external resource usage.
- Ecological footprints vary greatly across countries, reflecting population and consumption patterns.
- Consuming more increases ecological footprint.
- Resource use is a problem in high population density countries.
- High resource consumption/waste production by affluent societies has a worldwide impact.
- Humanity's global ecological footprint surpassed the Earth's capacity to support the human population in the mid-1980s.
Economics
- Economics studies how people use resources to provide goods and services with ever variable supply and demand.
- The term "economics" has Greek root "oikos" which means "home", and is therefore a combination of ecology and economics.
- Economics tracks resource use for production, distribution, and consumption.
- All resources used in an economy originate from the environment.
Mainstream economics
- Mainstream models economic interactions between households and businesses.
- They examine the directs costs of producing and delivering materials.
- The environment is viewed as an external production factor.
- Focus on immediate usefulness is measured as profit = the bottom line.
- The market favors equilibrium between supply and demand.
- Mainstream Economics assumes:
- Resources are infinite / substitutable.
- Long-term effects are discounted.
- Costs and benefits are internal.
- Growth is good.
- The Assumptions of mainstream economics can contribute to environmental problems.
- It leads to inequalities between rich and poor.
- Is the is the main cause of environmental degradation due to the assumption of endless growth using infinite resources.
Economic Growth
- Uncontrolled economic growth is not sustainable.
- New technology can push back limits, but this is either not fast or forever.
- Greater resource extraction combined with greater food production creates the illusion of infinite resources.
- Corporate and individual economic choices prioritize short-term gain over long-term sustainability.
- It is assumed that there are unlimited resources that permit endless growth.
- Creates economy-versus-environment tensions.
- Protecting the environment is typically viewed as conflicting with economic goals.
- Historically, there were abundant resources and therefore they could be exploited.
- Increasing economic development has:
- reduced biodiversity
- decreased habitat availability
- degraded ecological systems
- Concerns that environmental regulations tend limit growth:
- lead to excessive costs for industry
- restrict rights of private citizens to use resources
- prevent having a healthy economy (job loss)
- Mistaken belief that humans are separate is the main driver of environmental problems.
- Economies rely on natural resources/ecological services that:
- Natural Resources (Capital) OR Ecosystem Goods like: fertile soils, forests, fresh and marine waters, rocks, fossil fuels.
- Ecosystem (Ecological) Services: air and water purification, climatic regulation, soil formation, pollination, and nutrient recycling.
- Natural Resources (Capital) OR Ecosystem Goods like: fertile soils, forests, fresh and marine waters, rocks, fossil fuels.
- Natural Resources and Ecosystem Services are not considered in Economic Models.
- Ecosystems are enables economic activity by providing goods and services, BUT economic activity impact the environment.
- Is difficult to put on a single value to resources and ecological services.
- The ecosystem is often mistreated.
- Values are not included when pricing goods or services.
Paper Production – Internal and external Costs
- External costs are rarely considered when pricing goods and services.
Consequences of Human Affluence:
- Review of the relationship between a number of causes and consequence.
Solutions for shifting economic goals to be sustainable:
- Focus on long-term sustainability rather than short-term gain.
- Live within our means and don't assume unlimited resources.
- The focus on long-term monetary goals, e.g. the "triple" bottom line" (People, Planet, Profit)
- Appreciate less visible benefits of the ecosystem.
Argue about Sustainability of Economic Growth
- New fields if economic can further develop:
- Environmental Economics:
- Economies are unsustainable if population growth isn't reduced AND if resource use isn't decreased..
- Ecological Economics:
- Economies are unsustainable and cannot overcome their ecological limitations.
- civilizations need to look to nature for solutions.
- Environmental Economics:
- Environmental Economics looks to solving problems while still enjoying unlimited growth.
- Solution: develop and use new technologies to solve problems
- Ecological Economics knows techno fix aren't enough:
- Solution: look to nature for solutions – nothing is wasted in nature
- Need to find a new way that the human is part of the environment.
Change Approach to Pollution and Waste Management
- Mainstream economics follows a one way linear system from resources to waste.
- Assumes that resources are always available and that there are no issues with waste.
- Change to Environmental or Ecological Economics.
- Under a closed-loop system efforts are made to return materials, at the end of a product's life, back into the production system to reduce waste (reclaim / reuse).
Life Cycle Assessment of a Product
- "Cradle-to-Grave" Approach Examines the impact from creation to disposal of a product
- "Cradle-to-Cradle" Approach Provides a sustainable business strategy that mimics the regenerative cycle of nature in which waste is reused.
Impact of Human Consumption
- Conclusions: Key challenges and solutions must be in place for humanity to prosper.
- Prevailing assumptions can be incredibly damaging.
- Current growth-oriented economics are unsustainable growth.
- Environment protection and societal justice remain a key challenge.
- Advances in technology and efficiency can reduce the environmental impacts.
- Consider the value of the ecosystem to promote the future need to include environmental protections.
- Rethink the economic system with special inclusion directed to ecological system health.
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