EVST 1000 Lecture Notes - Lecture 23: Kyoto Protocol

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Document Summary

Economics deals with production, distribution, and consumption of goods and services within human communities. Branch of economics that concerns the economic effect of environmental policies. Branch of economics that concerns the interdependence of human economic and the natural environment. World bank handles credits or debts between nations. Typically between more developed and less developed. Proposes more dirty jobs to be put in least developed countries which would lead to more pollution in these places. Development: increased efficiency of the internal combustion engine to reduce petroleum consumption more miles. Could lead to growth in driving and number of cars. Development without growth in the scale of the economy beyond some point that is within biospheric carrying capacity. We are over harvesting natural resources to boost the economy without taking carrying capacity into consideration. Energy return on investment (eroi) the ratio of fuel extracted to the energy cost of producing and delivery it.

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