Chapter 24: Politics, Environment, and Sustainability

Nature Conservancy

Help companies include the monetary value of natural capital in goals and strategies.

Eco efficiency

Finding ways to create economic value with less harmful impacts.

Negligence

damage caused by deliberately acting unreasonably.

Property owners

agree to protect the land from development and harmful activities.

Class action suit

civil suit filed by a group.

The Tragedy of the Commons

Depletion or degradation of a potentially renewable resource to which people have free and unmanaged access

Policies

Set of laws and regulations

The reversibility principle

Avoid decisions that cannot be reversed

The net energy principle

Avoid low net energy yields

The precautionary principle

Take precautionary measures

The prevention principle

Help prevent problems from occurring

The environmental justice principle

No person should bear an unfair burden

Environmental law

Body of laws and treaties that broadly define what is acceptable environmental behavior

Injunction

court hearing

Class action suit

civil suit filed by a group

Negligence

damage caused by deliberately acting unreasonably

Statutes of limitation

Limit the length of time a plaintiff can sue

NRDC

Goes to court to stop environmentally harmful practices

Eco-efficiency

Finding ways to create economic value with less harmful impacts

Nature Conservancy program

Help companies include the monetary value of natural capital in goals and strategies