An example of the dangers of an unregulated extractive monopoly

Environmental Economics

From the New York Times : For seven decades, Pemex, Mexico’s state-owned oil monopoly and a mainstay of the government’s revenue, regulated itself — which is a polite way of saying it could do pretty much as it pleased. The Mexican government relies on Pemex oil revenue from wells like these in Veracruz for as much as 40 percent of its budget.

Quick Take: Growing Momentum to Fight Illegal, Unreported and Unregulated Fishing

Conservancy Talk

This week, The Australian Government ratified a UN Agreement that commits all parties to act against illegal, unreported and unregulated (IUU) fishing, which threatens the economic and social infrastructure of the fishing community and industry around the world. House of Representatives passed a bill (The Illegal, Unreported, and Unregulated (IUU) Fishing Enforcement Act of 2015) to implement this treaty and strengthen enforcement mechanisms to stop IUU fishing.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Stem Cell-derived Skin Care Products: Risky, Disturbing, and Unregulated

Eco Chic

But a recent article in Scientific American has pointed out the potential risks and unregulated nature of these creams and surgeries that utilize the technologies. Stem cell creams and treatments are being offered over the counter and in personalized formats via high-end cosmetics companies (and a few well-known department store brands).

Unregulated Fracking in California-Will it End Soon ?

Celsias

While most Californians don’t realize it, hydraulic fracturing, or ”fracking ,” has been taking place throughout the state for more than five decades. Fracking involves injecting thousands of gallons of water, sand, and chemicals into the earth at extremely high pressure and speeds to fracture underground shale deposits thus releasing natural gas and oil.

Quick Take: Proposed NOAA Seafood Traceability Rule to Combat IUU

Conservancy Talk

Illegal, unreported, and unregulated fishing, also known as “IUU fishing,” is one of the major threats to the health of our global oceans. National Oceanic and Atmospheric Administration (NOAA) proposed a rule to establish the first phase of a seafood traceability program to combat illegal, unreported, and unregulated (IUU) fishing. Administration for the steps it is taking to combat illegal, unreported, unregulated and fraudulently labeled seafood entering the U.S.

If You Want to Go Quickly, Go Alone. If You Want to Go Far, Go Together

Conservancy Talk

Ending illegal, unreported and unregulated fishing , reducing bycatch, improving access to markets for more sustainable fishing products and other efforts to improve fishing is going to be a long journey and one we must take together. There is a great African proverb; “If you want to go quickly, go alone. If you want to go far, go together.”

2016 40

A negative externality problem

Environmental Economics

  At the unregulated (inefficient) private market equilibrium : What is the consumer surplus? I'm teaching sophomore level environmental and resource economics (with no prerequisite). We just finished covering the principles level negative externality market model. Here is the problem set: Consider the following model: Qd=200-20P. Qs=20P. MEC=2. MSC=MPC+MEC. What is the producer surplus? What is the external cost? What are the net benefits?

2015 162

The Information Value of Pigouvian Pricing

Environmental Economics

  Of course, when there are negative externalities (like pollution), the unregulated market price will not reflect those externalities and thus will not provide buyers and sellers the necessary information to make optimal choices. 

2020 130

Marine Resource Economics, Vol. 29, No. 3, September 2014

Environmental Economics

Increasing Pressure on Unregulated Species Due to Changes in Individual Vessel Quotas: An Empirical Application to Trawler Fishing in the Baltic Sea (pp. TABLE OF CONTENTS. Editorial. Barbara Harrison  MRE  Editorial Assistant and Technical Editor 1998–2014 (p. 199)   James Anderson, Cathy Roheim, and Marty Smith. Stable URL: [link]. Articles.

2014 157

Mindful consumerism?

Elephant Journal

Seeking to understand the overall cost of manufactured goods — including externalities like coffee farmers’ unlivable wages or unregulated pollution — before purchasing anything at all, is perhaps one path toward mindful consumerism, if such a concept can even exist within today’s economic systems.

"Regulation an acceptable cost for frackers"

Environmental Economics

In short, there won't be an unregulated fracking industry so the industry ought to go along with the regulators David Zetland. RECENT advances in hydraulic fracturing (fracking) technologies and techniques promise to unlock vast reserves of natural gas. Additional shale-gas supply will reduce energy costs, carbon emissions and, for many countries, dependence on foreign energy producers. via www.petroleum-economist.com.

Every now and again, the Pope gets it right

Green (Living) Review

by Michael Smith (Veshengro) In his New Year speech His Holiness Pope Benedict denounces unregulated capitalism as the problem in our world. Having said this, it is true that the love of money, and unregulated capitalism, is the greatest problem the world faces and everything else is, basically, linked to that. As said, every now and then even this Pope gets it right and the Bible has a piece on it where it says “The love of money is the root of all evil” and this is true.

One Year Later: Thoughts On The Sandyhook Shooting & Gun Violence in America. ~ Kathryn Ashworth {Video}

Elephant Journal

Even though research shows that between 2009 and 2013 there have been an average of two mass shooting a month, Americans still have access to an unregulated online gun market. Every thirtieth gun sold online is sold to someone who failed a background check. Blog (always click 4 all blogs) Enlightened Society (Politics, Active Citizenship, Social Good) Health & Wellness Enlightened Society (Politics healing memory social good violence

Internal contradiction

Environmental Economics

Arguing that we need unregulated electric power plants to charge up our electric cars is like [insert your best analogy in the comments section]. Another one from an email I received from my Congresswoman today: Unfortunately many job-killing regulations stand in the way of more American-made energy.    Do you like the idea of reliable, efficient electric cars replacing gas-guzzlers that burn through Middle Eastern oil? 

Environmental Curse That Comes with Development: The Case of Chikwawa

Greentumble

However, the growth of the town has brought with it various challenges, as explained by a local resident Josephine Mussa, who complains about the increasing levels of pollution as a result of unregulated disposal of waste by both individuals and companies.

2018 55

Mysterious mass fish die-off in Tunisia sparks world-ending debate (video)

Green Prophet

Pollution off the Tunisian coasts is known to be a largely unregulated affair, particularly since the Jasmine revolution , an increasing number of unregulated coastal industries have been leaking toxic waste directly into the sea, furthermore the large majority of the commercial shipping traffic between the Suez Canal and Gibraltar passes off the Tunisian coasts , exerting significant marine ecosystem pressures from hydrocarbon fuel pollution, fumes and waste.

A CGE model that finally answers the big question. green jobs or job killer?

Environmental Economics

Empirical analyses of existing regulations have measured the effect on jobs in regulated industries but not the effect on jobs in unregulated industries—and thus can’t address the overall effect. General Marc Hafstead and Roberton C. Williams III: As environmental economists, we are often asked about how environmental regulations or policies will affect jobs and the unemployment rate.

Machi the Whimbrel Gunned Down by Hunters

10,000 Birds

Shorebird hunting within these areas continues to be unregulated to the present time. Scientists at The Center for Conservation Biology have announced that Machi, a Whimbrel that they have tracked via a satellite transmitter for over two years and 44,000 kilometers (27,000 miles) was gunned down on the Caribbean island of Guadeloupe (French West Indies).

Silk Cocoons- New Vaccine and Antibiotic Stabilisation Technology

Celsias

The World Health Organisation estimates that unregulated temperatures at gaps in the chain account for the loss of half of all vaccines produced in the world, costing vaccine programs approximately $200-300 million a year. International health experts estimate that nearly half of all global vaccines are lost due to breakdowns in the "cold chain."

Thrilling Turkey Facts

10,000 Birds

Wild turkey populations dwindled to fewer than 30,000 birds by the 1930s due to habitat destruction and unregulated shooting. With the arrival of another (American) Thanksgiving, it’s time to trot out the turkey facts. This day of thanks is, after all, known as Turkey Day. An overwhelming majority of turkeys polled feel that Thanksgiving is not actually Turkey Day. In fact, it seems a lot more like Anti-Turkey Day. Yes, the Wild Turkey is North America’s largest game bird.

Turkey 208

The Green Buzz: Wednesday, December 11

Conservancy Talk

Newly discovered and unregulated chemical is a greenhouse gas 7,000 times more powerful than CO2. Baby, it’s cold outside. But not as cold as the coldest place on Earth. Guardian ). Antarctica just recorded the coldest temperature ever on Earth. ( USA Today ). Looks like organic milk does a body good, at least in terms of Omega-3s. ( NPR ). Half of the soaps, lotions and drugs we use escape sewage treatment plants and end up in our water. ( The Daily Green ).

Environmental Crime: Who is Offending? Who is Watching?

Green Home Blog

unregulated or endangered trade). Environmental Crime: Who is Offending? Who is Watching? It seems as though every few years an environmental crime makes the headlines. From oil spills to chemical plant mishaps the enormity of such an event can be staggering. Who are the top environmental crime offenders and who is watching over their shoulder? What is an Environmental Crime? Before anyone can point their finger it is essential to know what the term environmental crime falls under.

Eighty-percent of environmental economists surveyed think cutting EPA regulations will not benefit the U.S. economy

Environmental Economics

96% of respondents feel that unregulated markets do not provide public goods in optimal quantities. Thought: I contend that many people who advocate for free markets fail to recognize the important distinction between 'free' markets and 'unregulated' markets.  The result is that, in these cases, unregulated markets tend to underproduce good things and overproduce bad things (too much pollution, too much second-hand smoke, too little education).

2017 133

The benefits of environmental regulations cannot be simply willed away (and why I'm too slow to be an Ivy-Leaguer)

Environmental Economics

  A more recent survey of members of the Association of Environmental and Resource Economists found that 96% of those surveyed disagree with the statement that “Unregulated markets provide public goods in optimal quantities.”  A couple of weeks ago, soon after EPA Administrator Pruitt's announcement to introduce a rule changing the role of cost-benefit analysis in design of environmental regulations, I wrote an op-ed and submitted it to the NYTimes for consideration. 

2018 118

Breast milk reveals how many banned pesticides plague Tunisians

Green Prophet

Today Tunisia, is dotted with unregulated industrial polluters that contaminate waterways ( see how locals jump into this magical lake despite warnings! ), and continue to pump POPs in the domestic food chains and the biota.

Child slaves working for the cobalt in your batteries

Green (Living) Review

The cobalt is mined by unregulated labor and transported to Asia where battery manufacturers use it to make their products lighter, longer-lasting and rechargeable. by Michael Smith (Veshengro) Some just might like to refer to them as child laborers but when four, eight and eleven year old children being beaten and whipped if they don't produce enough, spill some of the ore, and such like, then they are not laborers but slaves.

2018 100

A flashy blue surprise

10,000 Birds

While it is not impossible for this to be a wild bird, especially given the strong north winds we have been having, this bird is commonly found in the somewhat unregulated bird trade in Mexico. Walking up the ramp, from the docks here at Marina Palmira, on my way to the adjacent sidewalk that border the marina, I was literally blasted with an amazing flash of blue!

2018 100

Getting Crabs: A Tragedy of the Commons

Environmental Economics

  As John put it: So, imagine an unregulated fishery. This is almost enough to make me move back to Baltimore : Marylanders could have an easier time finding — and affording — local crabs this summer, a survey of the Chesapeake Bay blue crab population suggests. There are more than 550 million blue crabs in the Chesapeake Bay, an increase of more than a third over this time last year and one of the highest counts of the past two decades, according to state officials.

2016 126

No plastics safe? Industry hides frightening evidence on BPA-free baby bottles

Green Prophet

So, it’s largely an unregulated realm, ” said Blake in a video interview. A new investigation by Mother Jones magazine revealed that chemicals used to replace controversial plastic additive bisphenol-A – commonly called BPA - may be just as dangerous to your health, if not worse. Stunning news for everyone who drinks from plastic bottles, eats from plastic food containers,or wraps food with plastic cling wrap.

Arab action on shark finning, and body parts trade is too little, too late

Green Prophet

” Pueschel added that until recently, the practice of shark fin trading was “unregulated and uncontrolled” in the UAE and most other markets in the world. Shark finning, in which captured sharks have their fins and tails removed for use in sharks fin soup, has been a prominent issue in many parts of the world, including the Arab Gulf region.

UAE 82

The Endangered Andean Flamingo

10,000 Birds

Alongside mining activities, unregulated tourism has placed and additional toll on the flamingoes’ habitat. The Andean Flamingo ( Phoenicopterus andinus ) is one of the three flamingos occurring in the high Andes of South America. It is the largest and easiest to identify in all age stages. It is also the rarest of the flamingos of living in the high Andean. In fact, the Andean Flamingo is regarded as the world’s rarest flamingo.

2015 128

Why Are Elephants Endangered Species?

Greentumble

A massive unregulated market still exists and is the primary threat to elephant populations. There is no more iconic symbol of wildlife. conservation than the noble elephant that marches the plains of Africa and the jungles of Asia.

2018 73

Could co-operatives replace private business to create a stronger economy?

Green (Living) Review

Perhaps, if co-ops replaced all private businesses, the crazy ‘race to the bottom’ (when companies compete to cut wages or emissions controls the fastest in order to sell cheaper products) of unregulated international competition would somehow melt away? The Greene Hill Food Co-op, New York Photo © The Nabe Contrary to some perceptions, co-operative businesses are flourishing more than ever in the UK.

Killing Fields: Egyptians Hunt Down Migratory Birds

Green Prophet

Franzen was so disturbed by the scale of unregulated killing in Egypt that he compared this bi-annual bird catch to fishing, a senseless sport that virtually nobody considers to be out of the ordinary. It is a little known fact outside of conservation and hunting circles, Sherif Baha el Din from Nature Conservation Egypt told The Guardian, but Egyptian hunters will destroy thousands of migratory birds in the coming weeks as they make their way from Europe back to Africa for the winter.

Exposing the Bully: Cliven Bundy and the Tragedy of the Commons

The Alien Next Door

In 1934, Ferdinand Silcox, the chief forester of the US Forest Service, testified that unregulated grazing was “a cancer-like growth,” fated to become “a great interior desert.” The term was first used in an essay by Victorian economist William Forster Lloyd on the effects of unregulated grazing on common land.

2015 104

Surveying the Amazon Rainforest from the Sky

Nature Conservancy - Science

Located across multiple countries, in a region with a growing population and economy, the Amazon is threatened by unregulated and illegal logging, mining, and agricultural development. With Amazon Aerobotany you can view the canopy of the Peruvian Amazon from the perspective of a macaw! From this perspective you’ll contribute to science improving rainforest conservation and, while you’re at it, earn credits to see the forest firsthand.

2017 55

The Underwater Secrets of Horseshoe Crabs

Nature Conservancy - Science

The harvest of horseshoe crabs was unregulated because, until then, there had been no modern use for them. A similar unregulated gold rush ensued, also in the 1990s, when fisherman scooped out millions of young “glass eels” from rivers. Horseshoe crabs are one of our most beloved invertebrates. Part of their charm is that they are approachable, harmless and capable of creating a spectacle when they emerge from the water to spawn on the shore.

2017 64

Without instant action the waste crises will keep coming

Green (Living) Review

Approximately 40% of the world’s total waste is dumped in unregulated ‘open sites’, many of which on the banks of rivers or stretches of coastline.

2016 103

Advantages and Disadvantages of Recycling

Greentumble

Older landfills and poorly designed and/or managed landfills are also a risk, as are unregulated dumps where people dispose of things they can’t or choose not to recycle. Until relatively recently, recycling was not a major. part of most people’s lives.

2018 62

Will the next coal ash disaster be in your neighborhood?

Sierra Club Compass

The report highlights dangerous coal ash sites in Illinois, Indiana, Kentucky, Missouri, Montana, New Mexico, North Carolina, and Virginia, and it illustrates the ongoing damage and risks to public health from this toxic, largely unregulated solid waste. Guess what - you might be living near a toxic coal ash dump that threatens your local water supply, without even knowing it.

WASTEWATER TREATMENT THROUGH WETLANDS

Green (Living) Review

Threats from unregulated urban expansion, increases in discharges from industry and untreated domestic wastewater are reducing the capacity of the marsh to provide these services. The WATER project, coordinated by WWF, STEO and WWT and funded by the European Commission, promotes wetland technology as a sustainable solution for water purification for Vientiane, Laos, bringing additional benefits for flood control, biodiversity and for the people reliant on marsh products.

Survey: Slashing EPA won't improve US economy

Environmental Economics

It is significant that 96 percent of members surveyed disagree that unregulated markets provide public goods in optimal quantities.”. Quotes of the day: Results from a survey of members of the Association of Environmental and Resource Economists, the leading professional organization of economists studying environmental and resource issues, found that 80 percent disagree that reducing the Environmental Protection Agency’s regulatory power will improve the U.S. economy.

2017 139

Fly-Tipping: Let’s Bin it!

Eco Friendly Daily

But these cheap, unregulated deals on social media can land you with a hefty fine of your own, meaning you’ll pay more in the long run for trying to get your waste cleared on the cheap. Very few things are unsightly and one of these is fly-tipping.

2020 52