Major types of air pollution
Major types of water pollution
- inorganic pollutants
Major types of land pollution
depletion of non-renewable resources
What are the two sources of environmental threats?
ecological ethics
the ethical view that nonhuman parts of the environment deserve to be preserved for their own sake, regardless of whether this benefits human beings
“Last Man” argument
- we recognize it is wrong for the last man to kill everything else
environmental rights
private cost
the cost an individual or company must pay out of its own pocket to engage in a particular economic activity
social cost
the private internal costs plus the external costs of engaging in a particular activity
ecological approach
non humans have intrinsic value
environmental rights approach
humans have a right to a livable environment
market approach
external costs violate utility, rights, and justice; therefore, they should not be internalized
internalization of the costs of pollution
absorption of external costs by the producer, who then takes them into account when determining the price of goods, but leads to environmental injustice because external costs of pollution are borne largely by those who do not enjoy a net benefit from the activity that produces the pollution
risks to comsumers
market approach to consumer protection
problems with market approach
contract view of business firm’s duties to customer
the view that the relationship between a business firm and its customers is essentially a contractual relationship, and the firm’s moral duties to the customer are those created by the contractual relationship
moral duty to consumers under contractual theory
problems with contractual theory
due care theory of firm’s duties to customer
the view that because manufacturers are in a more advantaged position and consumers must rely on them, they have a duty to take special care to ensure that consumers’ interests are not harmed by the products that they offer them
manufacturer’s duties in due care theory
problems with due care theory