Sustainability: The Economic Bottom Line
Points out that sustainability as such does not provide a clearcut guide to policy. First one has to decide what is to be sustained. If this is agreed, it must be in an operational from. However, difficulties may still emerge since opinions may differ about how to achieve. This is illustrated by differences in the views of economists about how sustainable development is to be achieved. Orthodox economists stress the importance of the accumulation of man-made capital to achieve this end whereas neo-Malthusians stress the importance of conserving natural resource and environmental capital. Both take an anthropocentric point of view. For political reasons the neo-Malthusian has had little support but it may eventually turn out to be correct. Economics is concerned with reducing economic scarcity and economists have traditionally suggested four main ways of doing this of which economic growth is one. However, neo-Malthusian economists believe that this may not be a sustainable strategy – it may result in future poverty. It should be noted that economic systems are embedded in social and natural systems and depend on these. Economic sustainability depends on the sustainability of these other systems. So from this point of view, it is just one of several bottom lines. Values must be considered in relation to sustainability. Economics is completely anthropocentric in its approach. Therefore, economic approaches to conservation and sustainability can be at odds with the values of deep ecologists or those willing to accord rights to other sentient beings or ecosystems independent of human wishes, or those who want to make use of value judgments other than those based on the measuring rod of money. Consequently economics evaluation is sometimes ineffective in resolving social conflict, including conflict about what should be sustained. As a rule economics alone should not be the final arbiter of social decisions. It is a part (often an important part) of the social evaluation process but not the bottom line, or just one of many lines.
Preserving Biodiversity and Ecosystem Services in West African Forest, Watersheds, and Wetlands: A Review of Incentives
While biodiversity and ecosystem services derived from the natural environment are the backbones of West African rural livelihood, unsustainable exploitation of natural resources, conflicts, and climate change threaten the continued provision of ecosystem services. This threat creates an urgent need to safeguard the integrity of the environment. Evaluating the effectiveness of environmental conservation projects is central towards designing and scaling-up successful conservation projects. Using secondary literature and project reports, we reviewed ongoing and completed conservation projects in the West African sub-region. Scientific work on incentives for ecosystem services in sub-Saharan Africa typically focuses on Southern and Eastern Africa, leaving Western Africa underserved. This study fills this literature gap by compiling lessons from conservation projects in West Africa to offer region-specific incentives that should inform the design of conservation projects in the region. The study shows that the way forward is a holistic, sustainable development approach that mirrors and meets strategies outlined in Sustainable Development Goals 1, 2, 5, 8, 13, and 17: No Poverty, End Hunger and Promote Sustainable Agriculture, Gender Equality, Decent Work and Economic Growth, Climate Action, and Partnerships for the Goals, respectively.
Chemosymbiotic bivalves and stable carbon isotopes indicate hydrocarbon seepage at four unusual Cenozoic fossil localities
Four unusual Cenozoic fossil localities are identified here as ancient hydrocarbon seep sites using palaeontological, petrological, and stable carbon isotope data. Late Eocene carbonate-cemented sandstone bodies in the Wagonwheel Mountains in California were previously suspected to represent ancient hydrocarbon seep sites, but the relatively high δ13Ccarbonate values (−12.2 to −5.0‰) suggest oil rather than methane seepage. The Oligocene fauna of the Elmira asphalt mine, Cuba, was previously interpreted as a mix of freshwater and marine taxa, but all species are here identified as belonging to marine groups, including the bivalve families Lucinidae and Vesicomyidae, whose extant members live largely in symbiosis with chemoautotrophic endosymbionts. A carbonate concretion from this site showed δ13Ccarbonate values as low as −32.2‰, which most likely indicates methane seepage. A previously unpublished Oligocene fossil locality in Atlantico, northern Colombia, is dominated by large solemyid, mytilid, lucinid, and vesicomyid bivalves, which most likely lived with chemotrophic endosymbionts. Seepage of biogenic methane without a significant contribution of thermogenic methane is indicated by δ13Ccarbonate values as low as −51.3‰. We confirm that the Pleurophopsis-dominated sites of the Heath Shale and Lomitos Chert in northern Peru are ancient seep sites, although the previous identification of Pleurophopsis peruviana as a vesicomyid is doubtful.