Chapter 2 Flashcards
ESA
- Endangered Species Act
- Federal money can’t be spent and people can’t deminish habitat or numbers of endangered species
- “The God Squad” makes all the laws 1972
NEPA
- National Environmental Policy Act
- An EIS must be made before action is taken
- 1969
Wilderness Act
- Some places should be left wild and designated wilderness areas prohibits certain activities in these areas
- 1964
- Designated areas are used for multiple things
CWA
- Clean Water Act
- Regulates pollutants in waters of US
- Makes standards for water quality
- Pollutant control programs
- 1972
CAA
- Clean Air Act
- Cleaning air to improve peoples health
- Air quality standards
- Targets hazardous/toxic pollutants
- Regional haze
- 1970
Muir v. Pinchot
Hetch Hetchy
Muir wanted to preserve the Hetch Hetchy before it became a reservoir
Pinchot wanted to damm it
Externalities
Example
Cost or benefit to a party that did not choose to have that cost or benefit
Example: Yard being backed up to National Park
Rational Actor
Example
They exhibit traits relevant to both their preferences and their decision making behavior
Example:
Dates of:
CAA
CWA
ESA
Wilderness Act
NEPA
(64, 69, 70, 72, 72)
CAA- 1970
CWA- 1972
ESA- 1972
Wilderness Act- 1964
NEPA- 1969
Utility Limits (of Economics)
Limit of goods that a person consumes within a time period. The more consumed the better.
Environmental Justice
What is it?
Examples…
Fair treatment all people (regardless of race, color, national origin, or income) with respect to the development, implementation, and enforcement of environmental laws.
Example: Access to healthy food. Air/water pollution.
Stratagies for pollution control (3)
- Command and control
- Incentive based regulations
- Cost effective analysis
Triggering event
Events that cause a reaction from people that aren’t directly effected with an event
Usually brings up a thought that makes a point a big deal
Example: BP oil spill
Economic Policies (2)
- Command and control- Not negotiable
- Incentive based- Negotiating
Fundamental Assumptions of Capiotalistic Societies
-People act in a way that makes them the most successful
(not if non profit)
-Supply and Demand will reach equilibrium
(not when talking about natural resources)