Ecological Economics Flashcards
How much land does the Louisiana coast lose every 100 minutes?
The equivalent of a football field’s.
What is the estimated annual value provided by nature?
$16-$54 Trillion.
What is one of the best ways to reduce humanity’s population?
By educating women and girls.
What major business has taken steps towards sustainable practices?
Walmart.
Examples of ecological economics include:
Cap and trade and a carbon tax.
What is a cap and trade?
When a company is allowed a set number of emissions each year.
What is a carbon tax?
A direct price on the tons of emissions a company produces.
Three ways to live sustainably:
Harvest rates should be less than regeneration rates, waste emissions shouldn’t exceed nature’s ability to assimilate or recycle them, and non-renewable resources should only be used as often as renewable substitutes can be created.
How many people are on Earth roughly?
7.9 billion.
How much of the world is in extreme poverty?
1/5.
What institution funds developing countries on projects?
The World Bank.
What are 2 major criticisms of the World Bank?
The projects they start are large, and tend to be destructive to local resources.
How has Walmart reduced its energy output?
By switching to LED lights, painting the rooftops white, using solar panels, and getting wind energy from light posts.
