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Environmental Economics

In this essay I am going to discuss some extremely important and controversial topics to the study of environmental economics. Among the topics are wildlife preservation, the global warming debate, asteroids, dumping v.s. recycling, the decreasing numbers of fish, and mutually destructive plants. In July of 1991 a naturalist by the name of Jim Tolisano and 14 others went on an expedition in order to prove that grizzly bears still inhabit the state of Colorado. The discovery of a bear or any other evidence of their inhabitance would result in a ban of hunting and a study of the bears conducted by the U.S. Fish and Wildlife Service. If a shortage was found, then additional bears might have to be added from Montana or Alaska to supplement the population. Many sectors of industry would be altered if the grizzly were to be found. Logging operations would be shut down due to the possible threat to the bear's habitat. This would mean thousands of acres of land would be free of logging. The tourism industry might also take a staggering blow if the proposed East Fork Ski Area near Pagosa Springs, a potentially lucrative resort, is unable to open because of these ongoing studies. Many loggers and sawmill workers are worried about


Astronomers are hoping to identify these asteroids and predict if and when they might suddenly come crashing into the earth. The other is used to make industrial lubricant. Many fisherman in the Northeast have been experiencing much smaller catches of fish than they had just a decade ago. The one variety is highly useful in the production of canola oil, which is popular for cooking. Another argument focuses on something that is potentially worse than a nuclear war. He thinks that there is a need to start charging fees for various activities being carried out on the land. Spoken like a true economist, Copeland says that if it doesn't have market value then why protect it? Billions of dollars have been spent to preserve species such as the Hawaiian monk seal, the San Bruno Elfin Butterfly, the Gila topminnow, and the Socorro isopod. This system is classified as a public good. Then $ 100 million would have to be spent to divert an asteroid. The problem is that it can get very costly. Haddock, a popular fish among consumers, have been decreasing in numbers off the coast of New England. With regards to the average product curve, the marginal product curve fluctuates and intersects the average product curve at it's highest point.

Common topics in this essay:
Science Institute, Carbon Dioxide, Steven Smith, Scott Gordon, Pagosa Springs, , Montana Alaska, Randal O'Toole, Bozeman Montana, According Gordon's, product curve, marginal cost, global warming, 20 % reduction, average product curve, unit fishing, research center, fishing effort, average product, common property resource, marginal product, marginal product curve, property resource, global warming debate, total costs,

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Approximate Word count = 1375
Approximate Pages = 6 (250 words per page double spaced)

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