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Environmental Ethics & Economics AP Environmental Science Review #19 Name the Term The knowledge, beliefs, values, and learned ways of life by a group of people Culture Beliefs about the meaning and operation of the world Worldview What is ethics? Ethics is a branch of philosophy that relates to the study of right and wrong. It involves moral principles and values held by a person or by society. Contrast the views of relativists and universalists. Relativists believe that ethics varies with social context and cultures. Universalists believe there are objection notions of right and wrong that are held by all cultures. Name the Ethical Standard Treat others as you would wish to be treated Categorical imperative (golden rule) Something is right when it produces the greatest practical benefits for the most people Principle of utility True/False Culture and religion may affect a person’s sense of morality. True Ethics, psychology, economics, and public policy are all aspects of environmental studies. True Utilitarian or Inherent Value? A forest is preserved for its beauty Inherent value All life has a right to exist Inherent value Sustainable forestry practices provide long-term monetary gains to a company Utilitarian value True/False Many traditional non-Western cultures have traditionally granted nonhuman entities ethical standing. True Science demonstrates that humans are a part of nature. True Name the Ethical Perspective A human-centered view of a relationship with the environment Anthropocentrism Judges actions based on their effect on ecological systems Ecocentrism Ascribes intrinsic value to organisms and the environment Biocentrism How does environmental ethics relate to theology? Some argue that Christianity, Judaism, and Islam have resulted in an anthropocentric view of the environment. Others say that sacred texts encourage compassion and stewardship towards the planet and its organisms. What is transcendentalism? A philosophical movement started during the 1840s in the U.S. which inspired a reconnection to nature. Ralph Waldo Emerson, Walt Whitman, and David Thoreau were all authors which popularized this movement. Preservation or Conservation Ethic? We should keep the natural environment in an unaltered state. Preservation ethic People should use natural resources, but in a sustainable way. Conservation ethic Preservation or Conservation Ethic? Gifford Pinchot is associated with this value. Conservation ethic John Muir is associated with this value. Preservation ethic Describe Aldo Leopold’s land ethic. Functioning ecosystems depend on the interaction of all of their parts. Humans should view themselves as one of these interconnected parts, and are therefore obliged to treat the environment ethically. What is environmental justice? A discipline related to the equitable treatment of all people, regardless of their ethnicity, rate, or income, with respect to environmental policy and practice Provide an example of a protest related to the environmental justice movement. In the 1980s residents of Warren County, North Carolina protested a toxic waste dump in their community. The controversial Dakota Access Pipeline is being protested by the Standing Rock Sioux tribe since it was first proposed in 2014, primarily because the pipeline would cross under their primary drinking supply. Name the Term The study of how people provide goods and services that are in demand Economics Material commodities made for purchase Goods Word done for others in exchange for money Services Contrast subsistence and capitalist market economies. Subsistence economy is the oldest type of economy. People accommodate their needs by gathering resources from nature directly or producing them on their own. In a capitalist market economy, people accommodate their needs and wants by purchasing goods and services. Contrast centrally planned economies and mixed economies. Centrally planned economies are also known as state socialist economies. The government determines how to allocate resources. In mixed economies, there is a mix of public and private ownership and free markets. Provide examples of environmental resources which are sold as goods. Lumber and paper products, crops and livestock, precious metals, fossil fuels, medicinal compounds from certain plants Provide examples of ecosystem services the environment provides us with. Climate regulation, water filtration, ecotourism, nutrient cycling, carbon storage, decomposition of waste, coastal protection from storm surges etc. Describe Adam Smith’s ideas about classical economies. When people pursue their economic interests the marketplace will behave as if guided by an “invisible hand” to benefit society, if their behavior is constrained by laws within a competitive marketplace Name the Term Examines the psychological factors which drive consumer choices Neoclassical economics Meant to reflect how humans grand more importance to present conditions than future ones Discounting Why is creating a cost-benefit analysis difficult when considering the environment? It is very difficult putting a price tag on ecosystem services. For example, how much should we value a stable climate? What price tag should we put on conserving an ecosystem? Provide examples of external costs related to fossil fuel extraction. Degradation of habitat, decreased respiratory health of residents in the area, carbon dioxide emissions, contaminated water near mining sites, etc. Name the Term An increase in the production and consumption of goods and services Economic growth The idea that material possessions often fail to bring happiness Affluenza Contrast the thinking between Cornucopians and Cassandras. Cornucopians believe that improvements in innovation and technology will allow us to overcome environmental limitations. Cassandras do not. True/False Steady-state economists often advocate economies that neither grown nor shrink. True The environmental costs are always considered when making economic decisions. False Name the Term An analysis method which uses surveys to determine how much individuals are willing to pay to protect or restore an aspect of the environment Contingent valuation Values not reflected in the price of a good or service Nonmarket values Contrast Gross Domestic Product (GDP) with the Genuine Progress Indicator (GPI). GDP measures the annual total financial value of goods and services. GPI includes all positive contributions to the economy, and then subtracts negative environmental, social, and economic factors. What is full cost accounting? Full cost accounting subtracts all negative social, environmental and economic factors from the value of a product or service. It also adds all of the positive social, environmental, and economic factors to the value of a product or service. Provide a criticism of full cost accounting. Some argue it is subjective and too easily driven by personal belief systems. Provide pros of ecolabeling. Pros: allow consumers to make environmentally-conscious decisions, encourages socially responsible investment, encourages companies to make sustainable choices so that consumers will buy their products, sustainable business actions benefit the environment Provide cons of ecolabeling. Cons: companies might not follow through with promises, “greenwashing” may misinform consumers into thinking the company is being more sustainable than they actually are, making sustainable choices might cost the company money if consumers are not willing to pay more for their product Which three goals are encompassed by the triple bottom line? Economic advancement, environmental protection, and social equity Name the School of Thought We can allow natural capital to decline as long as human-made capital increases to compensate for it weak sustainability Human-made capital cannot substitute for natural capital strong sustainability As fossil fuel resources become depleted, how can we expect prices to change? If demand remains constant, then prices will rise. This may also lead to conflict over limited resources. Explain the difference between environmental science and environmental studies. Environmental science uses the scientific method to learn how the environment functions and how our actions are affecting it. Environmental studies focuses on how economics, public policy, ethics, and sociology relate to the environment and our effects on it. What is environmentalism? Environmentalism is a social movement dedicated to the conservation of Earth and its resources. Activists for environmentalism may protest companies responsible for large amounts of air pollution, for example.
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