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BA 447: Environment

BA 447: Environment. Note to students: scan links provided. Consider this lecture a survey to get you started. Exercise: Step 1. Is there a possible relationship between changes in the price of crude oil and deaths in a large city, say San Francisco?. Selected Topics. Global warming

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BA 447: Environment

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  1. BA 447: Environment Note to students: scan links provided. Consider this lecture a survey to get you started.

  2. Exercise: Step 1 • Is there a possible relationship between changes in the price of crude oil and deaths in a large city, say San Francisco?

  3. Selected Topics • Global warming • Sustainable energy use • Ecological issues • Conserving natural resources • Protection of plant and animal life • Role of NGOs (sometimes referred to as activists) • Impact on global business

  4. Global Warming • Increase in earth’s temperature • Greenhouse effect - increase in carbon dioxide and other emissions and effect on atmosphere • Most of the warming seems to have occurred in last 50 years, therefore due to human activity • Some in the science community contest this • http://en.wikipedia.org/wiki/Global_warming • http://www.realclimate.org/index.php?p=121

  5. Emissions Trading • Alternatives to reducing emissions • Government mandates • Emissions trading - free market approach • Existing systems • US: Clean Air Act places a cap on emissions • EU Greenhouse Gas Emission Trading Schemes • UN Framework Convention on Climate Change • http://en.wikipedia.org/wiki/Emissions_trading

  6. Emissions Trading • Financing of schemes, some examples • World Bank facility: • http://carbonfinance.org/ • European Bank for Reconstruction and Development • http://www.ebrd.com/country/sector/energyef/carbon/

  7. Dissenting views on global warming • http://www.lickglobalwarming.org/ • http://www.globalwarming.org/about.htm • http://www.globalclimate.org/

  8. Sustainable Energy Use • Nominal prices of crude oil over time • http://www.eia.doe.gov/cabs/chron.html • Real price comparison • http://www.forbes.com/static_html/oil/2004/oil.shtml • US Gas prices (components and history) • http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/primer_on_gasoline_prices/html/petbro.html • http://www.randomuseless.info/gasprice/gasprice.html

  9. Some myths about energy • Are gas prices really that expensive? • Some myths about energy • http://dieoff.com/page132.htm

  10. Ecological Issues - examples • Forest cover • Spotted owl • Dolphins • Sea Turtles • Chilean sea bass • http://www.nytimes.com/2005/10/23/magazine/23bass.html

  11. Genetically Modified Crops and the Environment • Examples: • Seeds genetically modified to be pesticide resistant • Seeds modified to produce organisms that kill other organisms • Issues: • Increase food production • Impact on environment

  12. Role of Activists • In Brazil, filed or caused law suit to be filed to ban the introduction of modified seeds • In Europe, lobbied parliament • In other countries, lobby congress or executive branch • In general call attention to environmental issues. • What about food production?

  13. Exercise • Other relevant environmental concerns • Writing exercises: • How can increase in crude oil price lead to lower deaths in Los Angeles? • Given company you are analyzing, is there an environmental concern relevant to company your group is studying? State how relevant using crude oil price - LA death example?

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