slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Is There Any Economic Value to "Sustainability?" PowerPoint Presentation
Download Presentation
Is There Any Economic Value to "Sustainability?"

Loading in 2 Seconds...

play fullscreen
1 / 84

Is There Any Economic Value to "Sustainability?" - PowerPoint PPT Presentation


  • 119 Views
  • Uploaded on

Is There Any Economic Value to "Sustainability?". Brian Czech . Is There Any Economic Value to "Sustainability?". What the hell kind of a question is that?. Is There Any Economic Value to "Sustainability?". Is anything unsustainable really valuable?. Is There Any Economic Value

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

Is There Any Economic Value to "Sustainability?"


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
    Presentation Transcript
    1. Is There Any Economic Value to "Sustainability?" Brian Czech

    2. Is There Any Economic Value to "Sustainability?" What the hell kind of a question is that?

    3. Is There Any Economic Value to "Sustainability?" Is anything unsustainable really valuable?

    4. Is There Any Economic Value to "Sustainability?" Is anything unsustainable really valuable?

    5. Is There Any Economic Value to "Sustainability?" Devil’s in the “ “” ”s.

    6. " "" " • Linguistic questioning? • Rhetorical insinuation? • With “sustainability,” both.

    7. Other Potential Uses of Quotation Marks • Is there “any” …? • … any “economic” value…? • … any… “value”…?

    8. "Sustainability" Having the properties to last a long time (Czech 2010).

    9. What is a "long time?" • Seven Generations • Approximately 150 years • Highly relevant to forestry • Culturally rich

    10. Is anything unsustainable really "valuable?" • Heroin rush? • Housing bubble? • Forest liquidation?

    11. But short-lived is not equivalent to unsustainable . • Meal • Real estate transaction • Sustainable timber harvest

    12. Meanwhile, the unsustainable may seem valuable for a short time. • Heroin rush • Housing bubble • Forest liquidation

    13. Intertemporal Discounting • Few truly new issues here • Little resolution

    14. "Is There Any Economic Value to Sustainability?" Of What? • Nonvaluables – no. • Valuables – yes.

    15. If it's "worth" having, it's worth sustaining. • Food • Fun • Forests

    16. Or is it? • For society, yes. • For an individual, maybe.

    17. "Is There Any Economic Value to Sustainability?" To Whom? • Society – yes, lots. • Individuals – some, less.

    18. Is there any "economic" value to sustainability? • In monetary terms? • As conducive to efficient allocation of resources?

    19. Monetary Terms • Market goods and services – yes. • Timber • Recreation • Nonmarketable – no. • Climate regulation • Biodiversity conservation

    20. Is There Any Economic Value to "Sustainability?" Ask the makers of Viagra!

    21. As Conducive to Efficient Allocation • In an instant, no. • Among generations, yes. • The value of sustainability for efficient allocation increases with time.

    22. "Sustainability" in the vernacular implies... • Inter-generational interests • Concern with public goods (especially ecological) • Value/scarcity of sustainability

    23. Remember what the philosopher says... “Nothing is necessary.”

    24. Remember what the philosopher says... “Nothing” is necessary.

    25. Juncture Micro Macro Discounting Limits to growth Forest examples Forests’ context Forest policy Economic policy

    26. www.steadystate.org

    27. Most important to get right Most ignored (vis-à-vis forestry) Horse before the cart Reasons to Focus on Macro

    28. Ecological Macroeconomics Non-Human Species as Canaries in the Coalmine of Sustainability

    29. Perfect Storm in Political Economy • Henry George • Progress and Poverty, 1879 • George vs. land barons • Incipient tax code at stake • “Marginalist Revolution” • Establishment of American economics • The Corruption of Economics • (Gaffney, 1994)

    30. Production Function Y = ¦(K, L) Czech, B. 2009. The neoclassical production function as a relic of anti-George politics: implications for ecological economics. Ecological Economics 68:2193-2197.

    31. Neoclassical Economy $ Business Household

    32. With Economic Growth $ Household Business

    33. Ecological economics movement Laws of thermodynamics Principles of ecology Ecological Economics Herman Daly

    34. Natural Capital Pollutants Natural Capital Heat Ecological Economy

    35. Natural Capital Pollutants Natural Capital Heat With Economic Growth

    36. Increase in the production and consumption of goods and services in the aggregate Typically expressed in terms of GDP Entails increasing population and/or per capita consumption Economic Growth

    37. Urbanization 247 Agriculture 205 Water diversions (e.g., reservoirs) 160 Recreation, Tourism Development 148 Pollution 143 Domestic livestock, ranching 136 Mining, oil, gas activities 134 Non-native species 115 Harvest 101 Road construction/maintenance 83 Industrial Development 81 Causes of Endangerment Czech et al. 2000. Bioscience 50(7):593-601.

    38. Making Sense of the Who’s Who Trophic Theory and Economic Structure

    39. Economy of Nature Super- Carnivores Service Providers Consumers Producers (i.e., plants)

    40. Human Economy Light manufacturing Heavy manufacturing Service Sectors Producers (i.e., agriculture, extraction)

    41. Human-inclusive Economy of Nature Humans Service Providers Animals Plants

    42. With Economic Growth Human Economy Service Providers Animals Plants

    43. Biodiversity and Natural Capital An Allocation Model

    44. K Natural capital allocated to economy of nature GDP Natural capital allocated to human economy Time Czech, B. 2000. Wildlife Society Bulletin 28(1):4-14.

    45. Fisheries Volume 30 Series Logo

    46. Therefore K To conserve biodiversity... GDP ...maintain steady state economy sufficiently belowK. Time

    47. But what about technological progress?

    48. But what about technological progress? Czech, B. 2008. Prospects for reconciling economic growth and biodiversity conservation with technological progress. Conservation Biology 22(6):1389-1398.

    49. "Chicken-Egg Spiral" K TP3 TP2 Biodiversity loss TP1 GDP-TP

    50. Moving Toward a Steady State Economy Academics, Policies, and Politics