Examine the merits i.e. advantages and disadvantages, of using market-based instruments for environmental protection.

economics

Description

Essay 1:

Examine the merits i.e. advantages and disadvantages, of using market-based instruments for environmental protection. Focus on the use of environmental taxes/charges/levies/subsidies and tradable permit schemes. Use appropriate evidence, literature and data to support your arguments. Evidence from the implementation of market-based instruments nationally or internationally would be useful.


Start Point: EEA (2006) Market Based Instruments – on Canvas plus lecture notes and other readings on Canvas


Advantages and disadvantages – try to be balanced on both

Evidence from Ireland and other countries – whether MBI’s were a failure or a success and why?


Essay 2:

Examine the merits for valuing the environment. Include in your discussion the rationale for environmental valuation from a conceptual point of view and the advantages and disadvantages of the various valuation approaches discussed in the lecture notes. Conclude by considering whether environmental valuation is a worthwhile exercise. Use appropriate evidence, literature and data to support your arguments.


Start Point: See Bann (2002) on Canvas plus lecture notes and other readings on Canvas


In what way does the environment have value? How would economists answer that question

Is environmental valuation a worthwhile exercise? Is it just too difficult? Could we always overvalue the environment? Could we always undervalue the environment?


Essay 3:

One of the themes of Topic 5 was ‘the Ultimate Resource’ versus the ‘Limits to Growth’ debate. Summarise what you consider to be the key issues on both sides of the debate. Once the key issues have been considered, make an objective case for the side of the debate that provides a more compelling argument. You can also suggest that both sides of the debate are compelling, but explain why you think this is the case. Use appropriate evidence, literature and data to support your arguments.





Start Point:

The Ultimate Resource View

Horwitz S (February 2011) Are we Running out of Resources?

Available from: http://www.youtube.com/watch?v=AcWkN4ngR2Y

The Limits to Growth View

Meadows D (September 2009) Growth versus Development.

Available from: http://www.youtube.com/watch?v=gSPHzkAHwqY


Individuals are the Ultimate Resource versus We are Running out of Resources

Economic Growth versus Sustainable Development

Sustainable Development - Weak Sustainability versus Strong Sustainability

Objective Case - Use appropriate evidence, literature and data to support your arguments. Try and ‘be fair’ to both sides



Word Count: 2,500 (an extra allowance of 200 words will be facilitated if required)


Referencing Style:

 

APA (American Psychological Association)



Examples:


In text citation:

“There’s no need for a footnote to prove Woodrow Wilson was actually president of the United States” (Lipson, 2018, P. 3)


For Reference List at end of essay:

Lipson, C. (2018). Cite Right, Third Edition: A Quick Guide to Citation Styles-MLA, APA, Chicago, the Sciences, Professions, and More (3rd ed.). Chicago: University of Chicago Press


Submission Details:


This is an individual assignment. The deadline is Tuesday January 12th 2020. The assignment is to be uploaded to Canvas by 6pm on that day.


When submitting your Essay online through Canvas, a Plagiarism review will automatically be carried out using Turnitin. Turnitin is very useful to assess the originality of your submission. I will set up the online submission in such a way that you can submit multiple times until the due date and therefore use Turnitin to identify large segments of unoriginal material before the final submission date.


A front page should be included containing the following information: Essay number, name and student identification number, lecturers name, programme, project title, word count and submission date.


The level of professional presentation, which includes writing style, layout and presentation will be considered when deciding on a grade. To improve the level of professional presentation you should do more than one draft and consider the following as you draft; organise your paragraphs such that there is a point to each paragraph, check spelling and grammar checks. Ensure that a bibliography/reference list is included at the end.


Please ensure that you have a backup copy of your assignment, in case material is lost. Those who submit their assignments late, citing this excuse (or similar excuses) will not be accepted!


Penalties (for late submission of Course/Project Work etc.): Where work is submitted up to and including 7 days late, 10% of the total marks available shall be deducted from the mark achieved. Where work is submitted up to and including 14 days late, 20% of the total marks available shall be deducted from the mark achieved. Work submitted 15 days late or more shall be assigned a mark of zero.


Instruction Files

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