L07 Slide 13 Concept 2 Pros No batteries Trade Offs Significant electronic

L07 slide 13 concept 2 pros no batteries trade offs

This preview shows page 13 - 30 out of 60 pages.

L07 Slide 13 Concept 2 Pros No batteries Trade Offs Significant electronic components (capacitors) Case Study Rethinking Bicycle Light
Image of page 13

Subscribe to view the full document.

L07 Slide 14 Concept 3 Pros No batteries Trade Offs Limited power storage capacity Case Study Rethinking Bicycle Light
Image of page 14
L07 Slide 15 Case Study : Green Toys CBS video
Image of page 15

Subscribe to view the full document.

L07 Slide 16 What DfE strategies were used by Green Toys?
Image of page 16
L07 Slide 17
Image of page 17

Subscribe to view the full document.

March 1 & 4, 2019 L07 Part 2: Environmental Regulations
Image of page 18
L07 Slide 19 Learning Objectives To answer the following questions: What are Environmental Regulations? What are Externalities? What are some examples of Environmental Regulations?
Image of page 19

Subscribe to view the full document.

L07 Slide 20 … But First an Activity Farmer 1 = Jo Jack Farmer 2 = Bobby Jo Farmer 3 = Susie May
Image of page 20
L07 Slide 21 Rules of the Game 3 farmers each with 20 cattle, 1 common pasture Cattle start at 200 kg; at 140 kg they die Commons supports 60 cattle; for each beyond 60, every cattle loses 5 kg Farmer gets $2.50 / kg each year A family needs at least 15 cattle to survive
Image of page 21

Subscribe to view the full document.

L07 Slide 22 Tragedy of the Commons “Therein is the tragedy. Each man is locked into a system that compels him to increase his herd without limit in a world that is limited. Ruin is the destination towards which all men rush, each pursuing his own best interest in a society that believes in the freedom of the commons. Freedom in commons brings ruin to all. Hardin, Science, 1968
Image of page 22
L07 Slide 23 Not Just About Cattle Mining Water Forestry Fish Air
Image of page 23

Subscribe to view the full document.

L07 Slide 24 What Leads to the Tragedy of Commons? Reason Potential Solution No absolute knowledge Lack of shared information Short sightedness No one entity responsible Education Communication Incentives Privatization
Image of page 24
L07 Slide 25 What are Externalities? Cost or benefit caused by a company not reflected in their economic bottom line Positive Example : Renewable Energy R&D Negative Example : Unregulated Pollution
Image of page 25

Subscribe to view the full document.

L07 Slide 26 What are Environmental Regulations? The attempt of authority to force companies to internalize negative externalities …to avoid the Tragedy of the Commons
Image of page 26
L07 Slide 27 What are some examples of Environmental Regulations? Government driven Direct Indirect Market driven Emission taxes Tradeable permits
Image of page 27

Subscribe to view the full document.

L07 Slide 28 Set absolute levels on negative externalities Result: Finds lowest cost option to meet target Does not encourage innovation Government-driven Direct Environmental Regulations
Image of page 28
L07 Slide 29 Government-driven Direct
Image of page 29

Subscribe to view the full document.