ENVS2003 Lecture Notes - Lecture 8: Non-Renewable Resource, Management System, Industrial Ecology
29 Jun 2016
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Document Summary
Ecological economics natural resource -anything with potential use in creating wealth or giving satisfaction. Renewable vs. nonrenewable resources nonrenewable resource -resources that cannot be replaced because they take long periods of time to generate by earth"s geological development or they are finite: the minerals, fossil fuels and metals. Present supplies are becoming exhausted by human standards and will be gone. Renewable resources -things that can be replenished or replaced such as sunlight, biological organisms, fresh water, fresh air, wind, and used cooking oil!!! But if we rip apart habitats we disrupt self renewing biological cycles. Resources are being destroyed or degraded because people care more about the interest of themselves than they do about public interests. People who use or destroy more than their fair share of common property. Hardin described an open access system- no rules to manage resource use.
