Environment Economics Vocabulary
Define the following Environmental Vocabulary
1. Carbon Footprint - " http://www.carbonfootprint.com/carbonfootprint.html
2. Positive Externalities
3. Negative Externalities
4. Pollution
5. common-pool problem
6. Renewable Resource vs Non-Renewable Resource
7. Marginal Social cost
8. Fixed Production Technology
9. Marginal Social Benefit
10. Command and Control environmental regulations
11. Economic Efficiency Approach
12. Recycling
13. Sustainability