The Economic Aspect of Ecology and Environmental Issues

Sustainability is currently a global concern. In recent years scientists have publicised theories that the Earth will not be able to cope with the exponential growth of pollution and resource consumption.

The message of the Millennium Ecosystem Assessment’s Governing Board is that human impacts on this resilient natural world are so unprecedented and extensive that we crossed the line into unsustainable consumption some time ago and are now depleting ecosystem capital stock instead of living off its sustainable goods and services.

All this can one day end in the destruction of earth's ecology. It has already started. For instance, Bogard states that he has seen darkness diminish. As nights grow brighter, more money is being wasted. Most of the light being used in the afternoons is wasted energy.

as a result of industrial decline in profitability. Furthermore, she illustrates how there will be an increase in environmental pollution and damages to the world, and scarcities in resources due to abnormal climate change in relation to the profitability of natural resource industries such as agriculture and so forth.

Imagine going on a day hike through your favorite forest. You take great pains to pack your gear, ensure you have adequate food and water for the day. You bring your camera and other gear to ensure you get photographs of the local forest. You visit this same place every few weeks, it is close to where you live and the scenery is amazing. There are ample opportunities to stop to enjoy just being outside. As you hike you enjoy the sound of nature, the rustling of the leaves as the wind blows, the sound of small lizards as they scurry across your path, agitating dry leaves in their wake. You listen for the

In theory, infinite resources have the potential to provide all global energy and produce no emission to the atmosphere (Agliardi & Sereno). The lack of emission to atmosphere essentially knocks the amount of pollution problems out of the equation. Lowering the pollutants in the air decreases the risk of global warming, breathing generally clean air and reduces the amount of destruction to the ecosystems. As the scenario stands, the quicker society decides to push industrial development to the side and think about the world, people may convert to the cleaner way to live and become a healthier planet in doing

Economic analysis that weighs all costs and benefits of a particular model must include environmental considerations. That is to say, the potential for short-term economic losses caused by conservation in the present, should be measured against the dividends that conservation will pay in the future (Nordhaus, 2007). If the earth is truly our most valuable commodity, then analysis under these conditions should recognize that if a “dollar value” were placed on environmental sustainability, more often than not it would outweigh any initial monetary loss resultant of the implementation of more sustainable practices.

The economic considerations in wildlife management describes the use of economic theory for wildlife management, which includes approaches of non-market evaluation, economic impact, modeling, and simulation. Furthermore, the a point that stood out to me in reading was the aspect of economic value of nature and how it can change based off the population of the animals that inhabit, like too many or too little deer. What should we consider before addressing a “nuisance” animal problem? In addition, which taxonomy of economic values of life would like more for preservation than conservation and vice

Wilson asserts, “No one should look to GNPs and corporate annual reports for a competent projection of the world’s long-term economic future.” In other words, the Gross National Product (GNP) and corporations will not accurately depict the long-term economic future, due to the lack of environmental factors that if implemented would surely fluctuate the projections. Furthermore, the more reliable sources are from research reports from the natural-resource specialists and ecological economists that provide an accurate representation of the financial and environmental future. In addition, the environmental experts factor in the imperil that is posed to the environment while expanding the economy. Thus, the idealistic balance between the environment and economy will not be found in the GNP reports, but in the ecological economist reports that can veritably attest to both sides of the political spectrum. On a national scale, converting to renewable energy is not prioritized, due to the fact the fossil fuel industry has an abundant of sizable investments. So, reasonably an annual national report would be in favor of the large corporations, such as the fossil fuel industry. As a result, the projections for the economic-future with fossil fuel as our main energy source is one-sided and

here are many events that have taken place within the context of this controversy that have built up to where we are today. The history includes pivotal events, court cases, proposals, laws, and important figures. Environmental issues and public health effects that are intertwined with such issues were on few people radars until the late 50’s when the federal government began to take charge over these areas. Prior to this, environmental conservation was not a major concern. As early as the 1940’s people started to see adverse health effects due to environmental contamination. The post war period is where environmental issues started to be treated as such. In the end of the year 1953 hundreds of New Yorkers died and many others contracted lung

Earth’s natural resources are limited. One simply can not continuously harvest the benefits of natural resources without coming to an end

The environment has been put in a dangerous position of not having sufficient amount of resources for current residents and the future generations that are to come. Many things such as personal needs put the environment in this position, but most of time we use these products because they are needed. Earth has become reliant on the resources, therefore we use up our resources way too fast. Our current obstacle to obtaining sustainability is we don't manage our resources, and they are used too often when there is not enough to begin with. Individually we are responsible for ourselves and the actions that are used to take care of the environment. To reach sustainability, there needs to be a limit of how much is used.

it's been argued that the carrying capacity of Earth is drastically smaller than the demands placed on it with the aid of large numbers of human populations. And overuse of natural assets regularly effects in nature’s degradation.

Concept of capitalism can be difficult to understand. It is commonly identified by economist and political philosophers as a system in which the means of production are privately owned and operated in the free market in exchange for a profit (Galbraith, 1952). The economical/social system determines the structure of production, the allocation of inputs and outputs, and consumption of goods. Capitalism remains popular in America because it values freedom, much like the people in our country. This is true because it allows individuals to set their own plans and pursue their own goals; in addition, one can decide what career they would enjoy most, thus creating an incentive and reward for achieving ones ambitions. In a free market, everyone

Humans have existed since 200,000 years but the Earth has existed around 4.5 billion years. Nature has provided us with everything we have today - food, medicines, materials, chemicals, metals, minerals etc. It can only keep providing us when we maintain the right environment for it to exist. This environment depends on the biodiversity of Earth. The number of species of plants, animals and microorganisms and the various genes in these species, different ecosystems such as deserts, rainforests and coral reefs are all part of a biologically diverse Earth. Hence Biodiversity impacts everything. We will discuss how Biodiversity plays a crucial role on social, environmental, and economic factors. We will also discuss what