1000 words Environmental economics essay
The purpose of this essay is to estimate the economic impacts of marine debris, analyze the marginal damages and marginal abatement costs of marine litters, and propose possible recommendations.
I have found four sources. The file below are slides for the sources.Estimating the economic costs of marine litters
Presenter: Tianjiao He
Outline
Thesis Statement
Summary of research findings
Relevant theoretical tools
References
Thesis Statement
The purpose of this project is to estimate the economic impacts of marine debris, analyze the marginal damages and marginal abatement costs of marine litters, and propose possible recommendations.
Research findings: Source1
“This paper provides an assessment model to estimate the economic impacts of land sourced marine plastic pollution” (Vincent Viool et al., 2020).
Indirect costs & Direct costs
Economic impact per geographic region
Research findings: Source 2
“There are other underlying costs too, particularly with regards to both marine and coastal activities, and in turn the economic benefits that local communities and nations derive from them” (Matsangou, 2020).
Impacts on marine life, underlying costs
A bigger problem: Micro plastics
Clean-up device: “Boomy McBoomface”
Responsibilities: corporations, governments
Research findings: Source 3
“It provides a brief analysis of the marine litter problem from an environmental economics perspective, and discusses the use and design of economic-based policy instruments to tackle the problem” (Newman et al., 2020).
Estimating the full economic cost of marine litter is complex.
Economic incentives (different instruments)
Research findings: Source 4
“The report is designed to assist the understanding of the economic costs and benefits of controlling marine debris and empower governments, industries and the community to take action” (McIlgorm
et al., 2008).
Introduce marine debris
Existing economic impacts in the APEC region
Economic-based model
Economic incentives
Theoretical Tools
In the last source, marginal damage cost & marginal cost and benefit-cost are analyzed.
“The benefits of controlling marine debris …
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