Lecture 10/01/2017

Question 1

Millennium development goals

Answer 1

2002 World Summit on Sustainable Development

Question 2

Tragedy of the commons

Answer 2

exploitation of resources

Question 3

Garrett Hardin

Answer 3

tragedy of the commons essay

Question 4

Give examples of resources that are subject to the tragedy of commons

Answer 4

• water (e.g., Great Lakes shared by US + Canada)
• air (i.e., atmosphere)
• forest (i.e., carbon sequestration)
• biodiversity

Question 5

What’s the answer to tragedy of the commons

Answer 5

shared stewardship

Question 6

What is the answer to population stability?

Answer 6

family planning/education

Question 7

What needs to happen for natural resources to become more sustainably used?

Answer 7

become a part of mainstream economic calculations

Question 8

How many people lack access to food?

Answer 8

800 M

Question 9

Global Climate Change, what needs to be done to see change?

Answer 9

Need a global consensus for a comprehensive plan to phase out fossil fuels in favour of renewable energy and prioritize energy conservation.

Question 10

What gov’t agency deals with global resource management?

Answer 10

Global Affairs Canada

Question 11

When does Carbon Tax come into play?

Answer 11

Jan 2017

Question 12

Adaptive (dynamic) management

Answer 12

• We’re still learning about managing natural resources, the quality and quantity of resources is constantly changing
• learn from what we do and make changes accordingly

Question 13

Incentive based regulations

Answer 13

• market based solution for negatively impactful environmental externalities (e.g., carbon tax)
• big criticism is that the cost is passed down to consumers

Question 14

How does cap and trade work?

Answer 14

• each province is allowed to have its own system, but they need to meet the fed. standards
• ?

Question 15

What’s one big problem with incentive based regulations (e.g., carbon tax)

Answer 15

we don’t understand ecosystem services - how to value them?

Question 16

Problem with GDP with regard to environmental stewardship. What’s the alternative to GDP?

Answer 16

• environmental stewardship isn’t captured by GDP

- environmental performance index (EPI)

Question 17

Ecological Footprint

Answer 17

the sum of the total land required to maintain the lifestyle of an individual sustainably.

Question 18

Ecological overshoot

Answer 18

operating with a higher ecological footprint than we have biocapacity.

Question 19

Any country with a positive difference between their ecological footprint and biocapacity is operating within or beyond their ecological means?

Answer 19

Within their ecological means