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Trip Wednesday
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Sustainability and Economics
What issues do the people of Juarez, Mexico face? Is this condition sustainable?
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Economics How humans allocate scarce resources Supply Demand
How is price determined? What determines the price of oil (gasoline)?
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Externalities Costs not included in an economic price Example – Coal …
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GDP Gross Domestic Product
Measure of value for all goods and services produced Externalities not included
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Kuznets Curve As GDP increases environments are typically degraded and then improve Cuyahoga river fire 1969 China at sunset 2011
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Precautionary Principle
If an action or policy has a suspected risk of causing harm to the public or to the environment, the burden of proof falls on those taking an action. What are some Examples?
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World Agencies -Research Environmental issues -Data Collection
-Negotiate Environmental Treaties -CITES -Montreal Protocol -Convention on Biodiversity
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Sardar Dam India Provide assistance to developing countries for infrastructure and financial systems
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Works to improve human health / combat disease
Managing Ebola Outbreak … Disease Testing works to reduce poverty
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US Agencies
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US Legislation
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Measuring Sustainability
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