Overexploitation—the unsustainable use of natural resources—is one of the greatest pressures that human populations force upon ecosystems worldwide. Overfishing, a type of overexploitation based on “catching too much fish,” contributes to the well-established decline of fish stocks.
According to the Food and Agriculture Organization of the United Nations (FAO), globally, the fraction of fish stocks that are within biologically sustainable levels has exhibited a decreasing trend, from 90.0 percent in 1974 to 66.9 percent in 2015. Further compounding this, the percentage of stocks fished at biologically unsustainable levels increased from 10 percent in 1974 to 33.1 percent in 2015, with the largest increases in the late 1970s and 1980s, and a slight decline in 1996. However, a study published in 2016 shows that we catch much more fish than estimated by the FAO. Daniel Pauly, lead author of the study, told The Guardian: “Our results differ very strongly from those of the FAO. Our results indicate that the decline is very strong and is not due to countries fishing less. It is due to countries having fished too much and having exhausted one fishery after another.” Continue reading →
The 23rd conference of the United Nations Framework Convention on Climate Change was in full swing recently (6–17 November 2017). There, the countries that signed the 2015 Paris agreement discussed steps to keep the threat of climate change under control and—according to the Paris Agreement’s central aim—hold the rise in global temperatures to “well below” 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels by curbing industrial emissions of carbon dioxide. At the same time, scientists involved in the Global Carbon Project reported that total carbon dioxide emissions held stable from 2014 to 2016, at about 36 billion tons per year. They went on to clarify that this was a temporary hiatus that will end in 2017, and that economic projections suggest the likelihood of further emissions growth in 2018. Continue reading →
Many advocates of environmental policy see the Trump administration’s view of the environment and the U.S. Environmental Protection Agency as a setback that dims the prospects for new and stronger environmental laws. Consequently, some state and local governments are picking up the slack. For example, California recently expanded its cap-and-trade program for greenhouse gases, and the mayor of Atlanta vowed to meet his city’s commitments to lower carbon dioxide emissions, despite the President’s decision to withdraw from the Paris climate accord. In this current complex landscape, economic theory can contribute valuable insight when designing climate and environmental policies at the federal, state, or local level. In particular, economic theory suggests that market-based environmental policies may provide clear advantages when compared to command-and-control policies. Let me explain why.
One of the main previsions of climate science is an increase in precipitation and extreme rainfall events, which may easily cause flooding and challenge water management. The phenomenon finds its basis in the magnified evaporation caused by warming, resulting in the swelling of water vapor in the atmosphere. In this situation, when it rains, it rains a lot, as there is more vapor available to come down as rainwater. Rainwater may fall not only in large amounts but also in short, localized bursts, too quickly for the ground to absorb it. Sadly, these climate science forecasts are coming true. Although the relationship between global warming and increased precipitation is complex, there are no doubts about the marked increase in intense rainfall events, resulting in severe flooding throughout the United States and globally.
Air pollution not only threatens the future of our climate by significantly contributing to global warming, it also causes some of our most common illnesses, accounting for 1 in 8 deaths worldwide. It’s an invisible killer that is globally responsible for 36% of deaths from lung cancer, 35% of deaths from pulmonary disease, 34% of deaths from stroke, and 27% of deaths from heart disease, according to the World Health Organization (WHO).
The heat is on in the Arctic. This region is now warming at a rate faster than twice the global average—known as Arctic amplification. Consequently, the ice that covers the North Pole and surrounding areas, and melts to its lowest extent each September, has been disappearing at an alarming rate. Continue reading →
On August 3, 2015, the Obama administration announced the finalized US Environmental Protection Agency’s (EPA) “Clean Power Plan.” The plan has been developed under the Clean Air Act and aims to slash carbon emissions from US power plants, which account for one-third of all carbon emissions in the country, by giving each state an individual goal for cutting these emissions. The EPA estimates that the new national standards will significantly decrease carbon pollution produced by the electric sector by 2030; carbon emissions will be 32% lower than the 2005 levels. For a step-by-step guide on how the Clean Power Plan works, head here. Continue reading →