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In economics, the Jevons paradox (/ ˈ dʒ ɛ v ə n z /; sometimes Jevons effect) occurs when technological advancements make a resource more efficient to use (thereby reducing the amount needed for a single application); however, as the cost of using the resource drops, overall demand increases causing total resource consumption to rise.
Through the use of biofertilizers, healthy plants can be grown, while enhancing the sustainability and the health of the soil. Biofertilizers can be expected to reduce the use of synthetic fertilizers and pesticides, but they are not yet able to replace their use. As of 2024, more than 340 biofertilizer products have been approved for ...
Reduce by 50% the use of pesticides by 2030. Reduce the use of fertilizers by 20% by 2030. Reduce nutrient loss by at least 50%. Reduce the use of antimicrobials in agriculture and antimicrobials in aquaculture by 50% by 2030. Create sustainable food labeling. Reduce food waste by 50% by 2030. Dedicate to R&I related to the issue €10 billion ...
A fertilizer (American English) or fertiliser (British English) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from liming materials or other non-nutrient soil amendments. Many sources of fertilizer exist, both natural and industrially produced. [24]
The use of pesticides can contaminate the soil, and nearby vegetation and water sources for a long time. They affect soil structure and (biotic and abiotic) composition. [9] [10] Differentiated taxation schemes are among the options investigated in the academic literature to reducing their use. [11
The law of diminishing returns is a fundamental principle of both micro and macro economics and it plays a central role in production theory. [ 5 ] The concept of diminishing returns can be explained by considering other theories such as the concept of exponential growth . [ 6 ]
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ...
Fertilizers are materials that can be added to soil or plants, in order to provide nutrients and sustain growth. Typical organic fertilizers include all animal waste including meat processing waste, manure, slurry, and guano; plus plant based fertilizers such as compost; and biosolids. [2] Inorganic "organic fertilizers" include minerals and ash.