POLS 227 Environmental Policy

Environmental policy especially those aimed at preventing or reducing the harmful effects of human activities on the ecosystem.

First, the environmental impact is an economic externality. Taken together, these factors led to what American ecologist Garrett Hardin called a "tragedy of society" in 1968. A pool of natural resources can be viewed as a public resource that anyone can make for themselves. It is prudent for individuals to use public resources regardless of their limitations, but such self-serving behaviour will deplete limited public resources - it is not in anyone's interest. Regardless, people still do it because they reap the rewards in the short term, but in the long term, the community has to pay the price for exhaustion. Because people have little incentive to use shared resources sustainably, the government can play a role in protecting them.

Over the years, various principles have been developed to assist decision-makers. Examples of such guidelines (some of which have a legal basis in some countries) are the polluter pays principle, which makes polluters liable for environmental damage, and the precautionary principle that activities are prohibited.

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