Overview
Environmental justice and economics is a vital field that examines how economic policies impact marginalized communities and the environment. It emphasizes the need for equitable treatment and active participation of all communities in environmental decision-making processes. Understanding the inter...
Key Terms
Example: Environmental justice seeks to address the disproportionate impact of pollution on low-income communities.
Example: Pollution from a factory can harm nearby residents, creating negative externalities.
Example: Sustainable agriculture practices help preserve the environment for future farmers.
Example: Clean air is a public good that benefits all individuals.
Example: Environmental advocacy groups work to influence policy for cleaner air and water.
Example: Investing in renewable energy sources is a key aspect of a green economy.