Category: Pollution Impacts on the Economy

Responsible for approximately forty per cent of carbon emissions, and another forty per cent of energy consumption, buildings are an obvious place to start thinking about ways to reduce pollution and use energy more effectively.

Born of social and environmental concerns, notably through opposition to environmental injustice, sustainable development is the idea of reaching the best possible compromise between economic growth and social evolution, while respecting the natural environment. This compromise only proves to be possible by taking into account a fundamental temporal element: that development must be undertaken to… Continue reading The Origin and Development of Sustainability

Marxism could get a second wind from the climate change issue. This ideology separates the world between exploiters and exploited, rich and poor, where industrial countries exploit the under developed countries. Although this ideology lost of its importance since the fall of communism, climate change could bring it back. Indeed, it shows that the poorer… Continue reading Climate Change Could Revive Marxism

ISO is an international management certification that companies voluntarily try to get. It isn’t a government certification. Its origin is independent and purely market oriented. It’s actually taking a step further then government and put pressure on organization to adopt regulations. The concept is simple: you write what you do and do what you write.… Continue reading What is ISO 14001?

As explained in the text on pollution costs, the more we pollute, the higher the costs related to the damage. Since the money we make in one place is going to be lost somewhere else, it is to our disadvantage to pollute massively. The costs of the damages often exceed the general wealth we create… Continue reading How to Fight Pollution at a Minimal Cost?

The supply and demand model is one of the first concepts we learn in economy. It shows the interaction of buyers and sellers in a market, and defines the correct price and quantity for a certain good.

We saw that external costs exist and are related to pollution. In order to fight pollution, we need to invest capital to improve our equipment and repair the damages already incurred. Paying for these damages is unavoidable. Ignoring the problem only leads to an increase in natural catastrophes, drought, species extinction, disease, starvation, and an… Continue reading What Does “the Cost of Doing Nothing” Mean?

Sustainable development is economical exploitation specifically structured to satisfy our present needs without reducing the wealth or health of future generations. Since it avoids any kind of irreversible damage, it inevitably assumes that economical growth functions in harmony with the environment and surrounding ecosystems. Under this principle, the amount of available wealth would be the… Continue reading What Is Sustainable Development?

The ecological footprint measures our consumption behavior, and is used to compare different countries and areas. This measurement includes all type of consumption like energy, food, material, etc. and is translated into a piece of land that we need to produce it. We then can find out how many pieces of land we need to… Continue reading What Is the Ecological Footprint?

The carbon market is a concept based on the polluter pays principle. The objective is to reduce gas emissions through the use of market law. It assembles voluntary organizations that exchange the rights to issue carbon dioxide.