The negative side which is the thesis statement deals in the compromising the environmental aspect of parks. ... It is repeatedly mentioned by the environmental activists that the well maintained landscape and biodiversity enhance the heritage of the country but it is the economic development that is required for the economic progress of Singapore. ... One may argue that the construction of the residential area is boon to the society as hundreds of homeless families will get shelter and that there is no risk of air or water pollution but it can further be argued that the mere loss of vegetatio...

• Word Count: 1027
• Approx Pages: 4
• Grade Level: Undergraduate

DRYLAND SALINITY - choosing economic tools to solve an environmental problem - Dryland salinity results because the concentration of soluble salts near the soil surface disallows for plant growth. ... In this investigation some economic policies or strategies of reducing salinity and keeping a sustainable future will be discussed and highlighted; 1) Tradable Pollution Licenses: Environmental resources do not have a "price" paid by users hence leads to serious depletion. To solve this problem governments should set pollution limits for each industry and issue tradable licenses where farme...

• Word Count: 839
• Approx Pages: 3
• Grade Level: Undergraduate

More production can also result in more pollution and depletion of resources, but the GDP does not account for environmental degradation. ... Since the GDP first added the economic activity that generated that waste, it creates the illusion that pollution is a double benefit for the economy. ... For example, the World Bank has developed an estimate of national wealth that takes into account environmental decay and resource depletion. ... Its Genuine Progress Indicator (GPI) incorporates rough estimates of the actual dollar values of pollution, resource depletion, crime, divorce, loss of leisur...

• Word Count: 943
• Approx Pages: 4
• Has Bibliography

The purpose of an economic valuation is to show the 'correct' cost of using environmental resources and is used to aid decision-making. ... The environmental economist will value goods and services based on instrumental values, or valuations of the environment for humans (OU) and the environmental ethicist will value ecosystems and habitats. ... Economic theory generally assumes the constancy of environmental conditions (OU ch3 p94) but we are well aware this is not the case in reality. ... Pigou however, went further and advised penalizing those who created 'negative externa...

• Word Count: 1218
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

They also claim that the pollution in the environment, which is already bad to begin with, will be worsened by the agreement. ... The environmental issue has taken a backseat to many of the economic concerns Mexico has had to address in the past. ... However, this investment also meant increased pollution. The pollution that has been allowed for so long has escalated into a serious problem that Mexico must address as they face increasing free trade with the U.S. and Canada . ...

• Word Count: 924
• Approx Pages: 4
• Grade Level: High School

Environmental factors also have to be taken into account. ... For example an increase in production can result in more pollution a depletion of non-renewable resources or even wipe out local flora and fauna. ...

• Word Count: 827
• Approx Pages: 3