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Environmental & Natural Resource Economics 10th Edition by Thomas Tietenberg,Lynne Lewis
Edition 10ISBN: 978-1292060798Environmental & Natural Resource Economics 10th Edition by Thomas Tietenberg,Lynne Lewis
Edition 10ISBN: 978-1292060798 Exercise 2
chapter contains two rather different views of the future. Because the validity of these views cannot be completely tested until the time period covered by the forecast has passed (so that predictions can be matched against actual events), how can we ever hope to establish whether one is a better view than the other? What criteria might be proposed for evaluating predictions?
Explanation
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There are two views described in this chapter one was proposed by a group led by Bjorn Lomborg which states that there is unnecessary anxiety with regards to environmental damage. This group states that in the past as well societies have successfully confronted the environmental problems and future would also be no different.
Society will adjust itself in terms of reductions in population growth and there would be technological progress which will bring further abundance and will negate the scarcity as proposed by the environmentalists.
On the other hand, Worldwatch Institute states that development path as taken by the countries and societies around the world and their consequences and secondary effects have resulted in exponential growth of population and level of economic growth. This growth exceeds the carrying capacity of planet and thus could not be sustained and will only lead to destruction of society.
Thus, both these views are just opposite to each other and predict different outcome about the future. It is true that validity of these views cannot be completely tested until the time period covered by the forecast has passed. In order to establish which view is better we can look backwards that is into the history and look at the instances that presents the society's response to environmental problems.
The criteria that could be applied would be the evaluation of past and current trends in environmental problems and how has societies responded in past as well as responding in the current time period.
We can analyze the specific issues such as air pollution, water pollution and other environmental problems and thus look at the response to these problems around the world and can state whether the results adhere to the prediction made by the group led by Bjorn Lomborg or to the predictions made by the Worldwatch Institute. However, this analyzing and response gathering and result preparation is a time consuming and complex exercise but it will surely demonstrate the response of societies around the world to various environmental problems and will also pave the way to conclude that are the societies successfully confronting the environmental problem or is our survival is at stake.
Society will adjust itself in terms of reductions in population growth and there would be technological progress which will bring further abundance and will negate the scarcity as proposed by the environmentalists.
On the other hand, Worldwatch Institute states that development path as taken by the countries and societies around the world and their consequences and secondary effects have resulted in exponential growth of population and level of economic growth. This growth exceeds the carrying capacity of planet and thus could not be sustained and will only lead to destruction of society.
Thus, both these views are just opposite to each other and predict different outcome about the future. It is true that validity of these views cannot be completely tested until the time period covered by the forecast has passed. In order to establish which view is better we can look backwards that is into the history and look at the instances that presents the society's response to environmental problems.
The criteria that could be applied would be the evaluation of past and current trends in environmental problems and how has societies responded in past as well as responding in the current time period.
We can analyze the specific issues such as air pollution, water pollution and other environmental problems and thus look at the response to these problems around the world and can state whether the results adhere to the prediction made by the group led by Bjorn Lomborg or to the predictions made by the Worldwatch Institute. However, this analyzing and response gathering and result preparation is a time consuming and complex exercise but it will surely demonstrate the response of societies around the world to various environmental problems and will also pave the way to conclude that are the societies successfully confronting the environmental problem or is our survival is at stake.
Environmental & Natural Resource Economics 10th Edition by Thomas Tietenberg,Lynne Lewis
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