The Environment Flashcards
Why is the situation today with the global natural environment so much worse than centuries previous?
- Man’s impact on the environment is a matter of almost universal concern:
- huge human population
- technological means of shaping and changing the environment in significant ways (e.g. damming, crop dusting, chemical propellants, timber cultivation)
Tragedy of the Commons
- Issue with Adam Smith’s invisible hand is that pursuit of individual self interest does not contribute to the common good but rather to making everyone worse off
- E.g. common piece of land that everyone is allowed to graze their animals on becomes overgrazed and is of no use to anyone.
- Arrow and externalities: companies don’t factor the cost of pollution into the prices of their products
Lack of Consensus
- Issue in formulating environmental protection policies is deciding what standards are to be enforced:
- there is little consensus across communities regarding which standards are appropriate
- e.g. retaining wilderness areas is of concern to everyone but what if it is at the cost of higher unemployment?
Future generations
-Do we have an obligation to preserve the environment for future generations?
-Do generations as yet unborn have a moral claim upon us?
most think yes, but a small minority think no
What is the argument for us not having an obligation to future generations?
- Argued that knowledge and technology will have increase and so future generations may have the solutions to problems we have no answers to
- BUT, we have not assurance that they will have such answers, so we are not justified in creating problems for future generations
What is economically sustainable development?
According to the Brundtland Report, it is development that meets the needs of the present without compromising the ability of future generations to meet their own needs
-Gives proper weighting to the requirements of future generations while paying attention to the demands of equity for those living now
Why does a general lack of consensus exist regarding specific laws to tackle environmental issues?
- Different views concerning the BEST MEANS of achieving the end
- Different views about what individuals are PREPARED TO SACRIFICE to achieve that end
The equity perspective
- The developed nations over-utilise the world’s natural resources
- At the same time, the developed nations demand that poor third world nations not use their natural resources in any but environmentally sustainable ways. Is this fair?
The regulatory perspective
- A nation’s regulatory framework is effectively in competition with the regulatory framework of other nations
- Insisting Aus trade-exposed emissions intensive industries meet standards higher than their competitors will put those businesses out of business
- Regulators and governments (and businesses) are caught in prisoners dilemma or assurance problem situation
Game Theory and global warming
- Axelrod argues that where a game is repeated if cheaters are punished, non-cheating may be the norm
- So if a critical mass of nations agree to impose and enforce emissions targets and punish other nations for not doing so, we may achieve internationally recognised standards
- US and China in agreement may lead to this