ENVIRON 201 Chapter Notes - Chapter 6: Socially Responsible Investing, Natural Capital, Industrial Revolution

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Scenic beauty: recreation and ecotourism benefits the economy global warming: outcome: deforestation slows and forest cover rose by 53% and rise in wealth, counter arguments: Ethics and economics involve values: each deal with questions of what we value and how those values influence our decisions and actions. Reflects beliefs about the meaning, operation, and essence of the world. Ethical standards help us judge right from wrong: ethical standards are the criteria that help us differentiate right from wrong. Instrumental/utilitarian value: value something for the pragmatic benefits it brings us. Environmental ethics pertains to people and the environment: environmental ethics: the application of ethical standards to relationships between people and nonhuman entities, ex: is the present generation obligated to conserve resources for future generations? central sustainability question. Ecology: continuum of attitudes toward the natural world: Anthropocentrism: people who have a human-centered view of our relationship with the environment.

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