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Cengage Advantage Books: Sustaining the Earth 10th Edition by Tyler Miller,Scott Spoolman
Edition 10ISBN: 978-1439049846Cengage Advantage Books: Sustaining the Earth 10th Edition by Tyler Miller,Scott Spoolman
Edition 10ISBN: 978-1439049846 Exercise 2
Explain how excluding from market prices the harmful environmental costs of producing and using goods and services plays into the environmental problems we face. What are subsidies and what effect can they have on natural capital? What is an environmental worldview ? What are environmental ethics ? Distinguish among the planetary management, stewardship , and environmental wisdom worldviews.
Explanation
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Excluding environmental costs from product prices adds to the environmental problems because consumers have no effective way of evaluating which products are more harmful than others. If companies were forced to add surcharges to their products to pay for the harmful environmental costs, consumers would realize which products come at a high cost to the environment. Consumers would also realize which products were given government subsidies, which are depleting natural resources.
Subsidies are tax breaks or payments provided by the government to certain companies to help them with using resources. Subsidies encourage companies to abuse the natural capital.
An environmental worldview is a person's assumptions and ideas that show how that person thinks of the world and his or her place in it.
Environmental ethics are an important part of a person's environmental world view. Environmental ethics are the beliefs that a person holds about what is right or wrong about how we affect the environment.
There are three main environmental worldviews:
• Planetary management worldview - People with this worldview believe that nature exists primarily to meet our needs and wants. We are in charge of nature, and that we can use our technology to manage the earth's system for our benefit.
• Stewardship worldview - People with this worldview believe that we are stewards of the earth. We still manage the earth for our benefit, but we should promote environmentally beneficial forms of economic growth and be caring and responsible managers.
• Environmental wisdom worldview - People with this worldview believe that nature exists for all species, not just for us. We are the part of nature and dependent upon it. And our survival depends upon the ability to find out how the earth sustains itself.
Subsidies are tax breaks or payments provided by the government to certain companies to help them with using resources. Subsidies encourage companies to abuse the natural capital.
An environmental worldview is a person's assumptions and ideas that show how that person thinks of the world and his or her place in it.
Environmental ethics are an important part of a person's environmental world view. Environmental ethics are the beliefs that a person holds about what is right or wrong about how we affect the environment.
There are three main environmental worldviews:
• Planetary management worldview - People with this worldview believe that nature exists primarily to meet our needs and wants. We are in charge of nature, and that we can use our technology to manage the earth's system for our benefit.
• Stewardship worldview - People with this worldview believe that we are stewards of the earth. We still manage the earth for our benefit, but we should promote environmentally beneficial forms of economic growth and be caring and responsible managers.
• Environmental wisdom worldview - People with this worldview believe that nature exists for all species, not just for us. We are the part of nature and dependent upon it. And our survival depends upon the ability to find out how the earth sustains itself.
Cengage Advantage Books: Sustaining the Earth 10th Edition by Tyler Miller,Scott Spoolman
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