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Economic gains from natural resources are mostly beneficial when directed towards initiatives such as job creation, skill enhancement, capacity building, and pursuit of long-term developmental objectives. Thus, reliance on one or more natural resources holds financial risk when aiming for a stable economic growth. [28]
Overexploitation often occurs rapidly as markets open, utilising previously untapped resources, or locally used species. The Carolina parakeet was hunted to extinction. Today, overexploitation and misuse of natural resources is an ever-present threat for species richness.
When natural habitats are destroyed or natural resources are depleted, the environment is degraded; direct environmental degradation, such as deforestation, which is readily visible; this can be caused by more indirect process, such as the build up of plastic pollution over time or the buildup of greenhouse gases that causes tipping points in ...
The resource curse, also known as the paradox of plenty or the poverty paradox, is the hypothesis that countries with an abundance of natural resources (such as fossil fuels and certain minerals) have lower economic growth, lower rates of democracy, or poorer development outcomes than countries with fewer natural resources. [1]
The international Extractive Industries Transparency Initiative seeks to create best practices for good governance of gas, oil, and minerals, particularly focusing on the state management of revenue from these resources. Any valued natural resource can be affected by corruption, including water for irrigation, land for livestock grazing ...
Human impact on the environment. From top left, clockwise: satellite image of Southeast Asian haze; IAEA experts investigate the Fukushima disaster; a seabird during an oil spill; depiction of deforestation of Brazil's Atlantic forest by Portuguese settlers, c. 1820 –25; acid mine drainage in the Rio Tinto; industrial fishing in 1997, a practice that has led to overfishing.
Ecological overshoot expressed in terms of how many Earths equivalent of natural resources are consumed by humanity each year. Ecological overshoot is the phenomenon which occurs when the demands made on a natural ecosystem exceed its regenerative capacity. Global ecological overshoot occurs when the demands made by humanity exceed what the ...
The Department of Natural Resources proposed a number of tightened rules to its Class II injection regulations. The Department noted that there were 177 operational Class II disposal wells in the state, and that the Youngstown well was the first to produce recorded earthquakes since Ohio's Underground Injection Control program began in 1983.