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Sustainability continued
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Weak sustainability:
Manufactured capital of equal value can take the place of natural
capital
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Strong sustainability:
The existing stock of natural capital must be maintained and
enhanced because the functions it performs cannot be duplicated by manufactured capital
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Talking Points
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Natural resources provide material and services
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Weak sustainability means we can replace or duplicate natural materials and services
with manufactured goods and services
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Strong sustainability means that natural materials and services cannot be duplicated
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Narrative
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There are two different levels of sustainability: weak and strong.
Weak sustainability is the idea that natural capital can be used up as
long as it is converted into manufactured capital of equal
value.
The problem with weak sustainability is that, while we can assign a
monetary value to manufactured goods and capital, it can be very
difficult to assign a monetary value to natural materials and
services. How much is a forest full of trees worth? A value can be
calculated if you assume that all the trees are cut down and turned
into furniture or paper. However, the forest provides a home for
wildlife that provides food for hunters. It also provides a place for
hikers to enjoy the natural environment.
Weak sustainability does not
take into account the fact that some natural material and services can
not be replaced by manufactured goods and services. (Other questions
to ask participants are: What is the dollar value of the ozone layer?
A wetland? An ocean fishery? An aquifer? A river full of
salmon?)
Strong sustainability is the idea that there are certain functions
that the environment performs that cannot be duplicated by humans.
The ozone layer is one example of an ecosystem service that is
difficult for humans to duplicate.
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