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The green gross domestic product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Some environmental experts prefer physical indicators (such as " waste ...
Environmental economics is a sub-field of economics concerned with environmental issues. [1] It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the ...
t. e. In environmental law, the polluter pays principle is enacted to make the party responsible for producing pollution responsible for paying for the damage done to the natural environment. This principle has also been used to put the costs of pollution prevention on the polluter. [1] It is regarded as a regional custom because of the strong ...
As with many countries, pollution in the United States is a concern for environmental organizations, government agencies and individuals. Pollution from U.S. manufacturing has declined massively since 1990 (despite an increase in production). A 2018 study in the American Economic Review found that environmental regulation is the primary driver ...
Emissions trading is a market-oriented approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. [1] The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). One prominent example is carbon emission trading for CO 2 and other greenhouse gases which is a tool for ...
t. e. Pollution is the introduction of contaminants into the natural environment that cause adverse change. [1] Pollution can take the form of any substance (solid, liquid, or gas) or energy (such as radioactivity, heat, sound, or light). Pollutants, the components of pollution, can be either foreign substances/energies or naturally occurring ...
Future global warming potential for long lived drivers like carbon dioxide emissions is not represented. The scientific community has been investigating the causes of climate change for decades. After thousands of studies, it came to a consensus, where it is "unequivocal that human influence has warmed the atmosphere, ocean and land since pre ...
The environmental movement (sometimes referred to as the ecology movement) is a social movement that aims to protect the natural world from harmful environmental practices in order to create sustainable living. [ 1 ] Environmentalists advocate the just and sustainable management of resources and stewardship of the environment through changes in ...