Environmental Perspectives (Class 3)(Blackboard)

Environmental - Perspectives on the Environment What do people think about the environment Why do they think that way Traditional Ways of Thinking

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Perspectives on the Environment What do people think about the environment? Why do they think that way?
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Traditional Ways of Thinking about Environmental Policy Exploitation is the complete or maximum use of a resource for individual profit or societal gain. Conservation is the wise utilization of a resource so that use is tempered by protection to enhance the resource‟s continued availability. Preservation is the nonuse of a resource by which it is fully protected and left unimpaired for future generations.
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Environmental Perspectives & Environmental Management Issues Economic Perspectives Ecological Perspectives Common Pool Resources
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Free Market Economics Free market economics no need for environmental policy: The market is “efficient” Government interference in markets causes inefficiency “Let the market work” (“Laissez - faire”) The market can provide for environmental quality like it does for other goods
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Ecological/Environmental Economics Laissez- faire doesn‟t work: there are “market failures” with respect to the environment So, need to re-conceive how we think about the environment and environmental amenities in economic terms.
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Economic Perspectives Core Ideas: environmental amenities as commodities environment as an underpriced resource pricing: assumption that if environment were priced properly, markets would ensure that environmental goods would be used by whoever valued it most valuation concepts relate to human welfare anthropocentric perspective : “to assert that there is a pollution problem or an environmental problem is to assert, at least implicitly, that one or more resource is not being used so as to maximize human satisfaction. Environmental problems are economic problems . . .”
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This note was uploaded on 06/06/2011 for the course ENVR 201 taught by Professor Carlarne during the Fall '10 term at South Carolina.

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Environmental - Perspectives on the Environment What do people think about the environment Why do they think that way Traditional Ways of Thinking

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