The Impact of Water Crisis on Economy

How does water crisis affect economy? Water scarcity leads to food shortages while raising commodity prices thereby hindering trade with developing economies and in the long run cause civil unrest. Water scarcity has a direct impact on rain-fed and irrigated agriculture as well as livestock, and an indirect impact on food processing industries. Read more … Read more

The Value of a Dead Elephant: Understanding the Economics of Elephant Poaching

How much is a dead elephant worth? By comparison, dead an elephant is worth $21,000 (raw ivory estimate) to fund criminal groups, corrupt officials and even terrorist groups. Read more on www.sheldrickwildlifetrust.org One of the most well-known and adored creatures in the world is the elephant. Unfortunately, because of poaching and habitat damage, they are … Read more

The Cost of Litter to the Government

How much does litter cost the government? Read more on www.gov.uk Littering is a major problem that not only harms the environment but also our economy. The expense of litter to the state is significant. The government spends over $11.5 billion annually on litter cleanup just in the United States. This involves clearing out unlawful … Read more

Is Climate a Common-Pool Resource?

Is climate a common-pool resource? What is a ‘Common Pool Resource’? It bears repeating: the climate of the Earth is something we get for free and use freely as inhabitants of this planet. It is thus, a Common Pool Resource (CPR). Read more on triplewinadvisory.com The greatest environmental problem the world is currently facing is … Read more