nationalgeographic/travel/sustainable/

1. http://www.nationalgeographic.com/travel/sustainable/

2. What would you do with $1 million? • Spend it? • Donate it?

3. What would you do with $1 million? • If you spent $500,000 a year, you would be bankrupt in 2 years • If you spent $400,000 a year, you would be bankrupt in 2.5 years • If you spent $300,000 a year, you would be bankrupt in 3.3 years • If you spent $200,000 a year, you would be bankrupt in 5 years • If you spent $100,000 a year, you would be bankrupt in 10 years

4. What would you do with $1 million? • If you invested all $1 million, with a 10% return on investment, you’d have $100,000 income every year . . . forever

5. A ‘Lil Economics • Capital: wealth used to sustain a business and to generate more wealth • $1 million = capital • Income: payment received for goods or services • $100,000 = income • “Protect your capital and live off the income it provides”

6. Natural Capital • Natural Resource = Natural Capital • Ex: • Air • Water • Soil • Minerals

7. Natural Income • Ecological Services = Natural Income • Ex: • Population control • Nutrient recycling • Climate control • Pollution control • Waste treatment • Pest & disease control

8. Living Sustainably • Two goals of living sustainably: • Satisfy basic needs of people • Food, water, air, shelter, etc. • Do so without depleting or degrading natural resources