PUP-4203 Lecture Notes - Lecture 13: Genuine Progress Indicator, Ecological Footprint, Environmental Politics
Document Summary
Concepts: capital stock/low, weak sustainability, strong sustainability, gdp, gpi, ecological footprint. The behaviors youre engaging in can persist through ime. Bathtub model: the level of the bathtub is resource stock: the level. The water that is lowing out, isn"t so much so that resource stock is lowing out. Taking water out a rate that will always keep water in the bathtub. Sustainability use of a ishery: inlow is reproducion, ouflow is ishing it out. Does not exceed the intrinsic growth rate. If the inlow exceeds the ouflow it is sill sustainable. If the ouflow exceeds the inlow it will diminish and eventually deplete. Is the sum total of all the goods produced in a year sustainable. Social sustainability- concerned with distribuion or equity issues, rights / culture a lot of cultures go out of existence as the world globalizes: 3. Ecological sustainability- if its necessary to deplete natural resources in order to promote economic growth, maybe we should think carefully.