Resource Stewardship

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15 Terms

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Carrying Capacity

The maximum population an environment can support given space and resources

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Optimist

Innovation will outpace population growth

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Pessimist

Population growth will outpace resourve

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Possibilist

It would require effort but there’s a chance,

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Thomas Malthus

English economist born 1766, theorised that population grows exponentially while resources grow linearly and therefore inevitably there will be a '_____ian Crisis' when population exceeds resources

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Ester Boserup

Danish economist who believed that human technology would keep us from resource population disasters, wrote ‘Conditions of Agricultural Growth’ in 1965

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Julian Simon

Economist whose main focus is on human ingenuity. Optimist - believed resources aren't finite and will be recycled... Won bet against Paul Ehrlich concerning future prices of resources, wrote ‘The Ultimate Resource’

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Paul Ehrlich

Neo-malthusian view of population vs resources, wrote the book 'The population bomb', warning of the perils of overpopulation

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Club of Rome

Group of intellectuals who first met in 1968 in Rome to discuss climate change and global resource potenial; Neo-Malthusians who produced graphs to predict population and resource changes, wrote ‘Limits to Growth’

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Resource Stewardship

Responsible planning and management of resources

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Circular Economy

  • preserve and enhance natural capital by controlling natural stocks and balancing renewable resource flow

  • optimise resource yields by circulating products, materials and components, move away from planned obsolescence to recycling and remanufacturing

  • develop system effectiveness by eliminating negative externalities such as polluted oceans and climate change

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Rent not Buy

Increases incentives to make products that last longer, e.g. Michelin tires

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Linear Economy

‘Designed for the dump’, resources are extracted, products are made and sold then thrown away

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Tragedy of the Commons

Common resources are often abused and mismanaged

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B-Corps

Corporations certified as being ethical, consider impacts of decisions on workers, customers, suppliers, community, environment, e.g. Ben and Jerry’s, Patagonia

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