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Environmental Economics

Environmental Economics. Cost benefit analysis. What do you value in the environment?. Can you put a price on it?. What’s this worth?. And this?. Which is worth more?. Both are Jaguars. Which has more worth?. Which has more value?. What factors do we use to determine value?. Risk Costs

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Environmental Economics

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  1. Environmental Economics Cost benefit analysis

  2. What do you value in the environment?

  3. Can you put a price on it?

  4. What’s this worth?

  5. And this?

  6. Which is worth more? • Both are Jaguars. • Which has more worth?

  7. Which has more value?

  8. What factors do we use to determine value? • Risk • Costs • Profits to be gained • Loss of reputation • Species loss • Habitat loss • Aesthetics • More?

  9. What about the rights?

  10. Overgrazing the land…a right?

  11. Is this our right?

  12. But you need this:

  13. And this….. When is enough enough? Will it ever be for humans?

  14. Supply and Demand • What drives the economy?

  15. What is the relationship between supply and demand? The more you want the more they will make for you to consume.

  16. How do we make a difference?

  17. WHAT DOES THAT REALLY MEAN FOR YOU AND ME? It means… Making decisions… That are not popular… And sometimes are not even attractive.

  18. Which is a better hobby for the environment?

  19. Which is a better home?

  20. Which is a better car?

  21. Best way to shave?

  22. Or not at all??

  23. Maybe we need to rethink our cultural norms that lead us to excess and wastefulness?

  24. Questions to ask: • Do I need or want this item? • Will it last a long time? • Can I recycle it? • Does it come in a modest amount of packaging? • How does it impact the environment? • Will it go out of style before it’s worn out? • Does that REALLY matter? WHY? MAKE SMART PURCHASES.

  25. A note on HK Assignments

  26. Comparing & contrastingvs. defining

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