Lecture 5

Question 1

Define Sustainable economic system

Answer 1

• Renewable energy use not greater than rate which they are generated
  
  • Non-renewable sources usage rates don’t exceed rate at which renewable substitutes are developed
• Pollution/waste production rates don’t exceed environmental capacity to assimilate these materials

Question 2

define planned obsolescence

Answer 2

• Policy of planning/designing product with artificially limited useful life => so it wont function after certain period of time
Generates long-term sales by reducing time between repeat purchases

Question 3

Define Millennium Development Goals (2000)

Answer 3

1. Eradicate extreme hunger/poverty
   
   2. Achieve universal primary education
   3. Equality for women
   4. Reduce childhood mortality
   5. Improve maternal health
   6. Combat HIV/AIDS, malaria, and other diseases
   7. Ensure environmental stability
      
      8. Develop global partnership for development

Question 4

Define UK regulation

Answer 4

Sustainable development strategy 1999 (UK)
• Four objectives
- Social progress recognising everyones needs
- Effectively protecting environment
- Prudent natural resource use
- Maintaining high and stable economic and employment growth

Climate Change Act 2008
• Important
- Legally binding to reduce GHG emission by 34% in 2020 and 80% by 2050
Provide companies guidance on how to report their emissions