Environmental economics: Econ 2505 Sean MacDonald Diana Mincyte.
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Transcript of Environmental economics: Econ 2505 Sean MacDonald Diana Mincyte.
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Environmental economics: Econ 2505
Sean MacDonald
Diana Mincyte
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Overshoot day
Extraction of resources surpasses Earth’s capacity
August 13, 2015
It takes 1.6 Earths to support human activity—but we only have 1.
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The Independent: http://www.independent.co.uk/news/science/earth-overshoot-day-humanity-consumes-100-of-planets-resources-in-eight-months-10457683.html
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What is sustainability?
Brudtland report Our Common Future (1987):
Sustainable development is the kind of development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
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Sustainability and waste
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BAU: Business As Usual
Profit interests (responsibilities to shareholders)
Political stagnation
Lack of education
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What are possible solutions?
Infrastructural changes/investments: Difficult to implement
Local responses: Difficult to scale up
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Community-supported agriculture Members buy shares
Weekly deliveries
No choice
Risk sharing
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What are the advantages of CSA’s? Juliet Schor: Plenitude economies
Reducing environmental footprint
Reimbedding of economy into community (not individual consumption)
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Plenitude economies
Citizen-consumer Self-fulfillment Empowerment Reskilling the consumer
Answer to the changing labor markets
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Source: NCES Digest of Education Statistics, 2012
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Solution?
Shorter hours and four-day workweek
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History of an 8 hour workday
19th century factory jobs:
10-18 hours of work Company towns
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Tin factory: Pullman
Source: publications.newberry.rg
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Weyerhaeuser Timber Co. at Vail, CO
Source: www.seattlepi.com
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Advocating for 8 hour “formal” employment day
1791 – workers in Philadelphia asked for a 10 hour work day + include 2 hours for meals.
1817 – Robert Owen (British socialist): “Eight hours labour, eight hours recreation, eight
hours rest.”
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8 hour workday
1914 – Ford Motor Company
1937 – Fair Labor Standards Act in the US No more that 44 hours per week Any hours over 40 hours – overtime
compensation
Projections that work day will decline to 4 hours by 2000
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Overview Why should we study groups of people for understanding
environmental issues?
What is sustainability and where did the term come from?
What is an overshoot day?
What is community-supported agriculture?
How is a citizen-consumer different from a “purchasing” consumer?
How do you understand the term BAU (business as usual)?
What is consumer re-skilling?