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For example, according to weak sustainability, replacing a natural forest with a park or agricultural land can be considered sustainable if the recreational or economic value equal the value of the biodiversity lost and further environmental impact caused. According to strong sustainability, cutting down trees in a natural forest and planting ...
Such movements often question the dominant form of valuation of resource uses (i.e. monetary values and cost-benefit analyses) and renegotiate the values deemed relevant for sustainability. [19] Sometimes, particularly when the resistance weakens, demands for monetary compensation are made (in a framework of ‘weak sustainability’). [22]
The tragedy of the commons can be considered in relation to environmental issues such as sustainability. [29] The commons dilemma stands as a model for a great variety of resource problems in society today, such as water, forests, [30] fish, and non-renewable energy sources such as oil, gas, and coal.
In his article on Economic de-growth vs. steady-state economy, Christian Kerschner has integrated the strategy of declining-state, or degrowth, with Herman Daly's concept of the steady-state economy to the effect that degrowth should be considered a path taken by the rich industrialized countries leading towards a globally equitable steady ...
Cassandra Garber, chief sustainability officer of Dell Technologies, likes things in threes. Fittingly, she thinks three factors explain why for businesses, sustainability, and the disclosure that ...
The exchange rate disconnect puzzle: The exchange rate disconnect puzzle, also one of the so-called real exchange rate puzzles, concerns the weak short-term feedback link between exchange rates and the rest of the economy. In most economies, the exchange rate is the most important relative price, so it is surprising, and thus far unexplained ...
The rate or type of economic growth may have important consequences for the environment (the climate and natural capital of ecologies). Concerns about possible negative effects of growth on the environment and society have led some to advocate lower levels of growth, from which comes the idea of uneconomic growth and Green parties which argue that economies are part of a global society and a ...
Forget salty, sweet, and umami—2025 is the year of sour. More specifically, sour cherries are about to have a moment, according to market research firm Mintel's 2025 Global Food and Drinks ...