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Difficulties in Managing Natural Resources
Difficulties in Managing Natural Resources
NATURAL RESOURCES
WHY IS ENVIRONMENTAL LAW SO DIFFICULT?
Difficulties in Managing
Natural Resources
Scarcity
Extractive
Rate of extraction
Fish, timber, soil,
must not threaten
Renewable groundwater
renewability
Not extracted or
Pollination, water harvested but no
Ecosystem Services purification, flood control, value in the
climate stability commercial market
and hence, ignored
Biocentrism
Anthropocentrism
Intergenerational equity
Difficulties in Managing
Natural Resources
Problem of the Commons
Collective
Who? How?
Transaction costs