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BCN1582 Final Exam Terms Study Guide
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BCN1582 Final Exam Terms StudyGuide
Arctic Paradox - Answer The burning of fossil fuels warms the climate, which then melts
the snow, which then allows more of these fossil fuels being extracted in the Arctic.
Factor 4 - Answer For humanity to live sustainably, we need to rapidly reduce resource
consumption to 1/4th of its current level (year 1997). Developed by Ernst von
Weiszacker,
Amory Lovins and Hunter Lovins.
HDI - Answer Human Development Index:
A composite of three indicators: Longevity; life expectancy • Knowledge; literacy, years
of schooling • Standard of Living; purchasing power based on GDP/capita
GPI - Answer Genuine Progress Indicator:
Starts with real personal consumption, adjusts for income distribution
• Subtracts: Crime & Divorce, Resource depletion, Environmental Damage, Income
Distribution, Pollution, Lifespan of durable goods & public infrastructure, Dependence
on foreign assets
• Adds: Value of household work and parenting, `Value of volunteer work
GDP - Answer Gross Domestic Product, represents a country standard of living.
HPI - Answer Human Poverty Index, was an indication of the standard of living in a
country. The HPI concentrates on the deprivation in the three essential elements of
human life already reflected in the HDI: longevity, knowledge and a decent standard of
living. The HPI is derived separately for developing countries (HPI-1) and a group of
select high-income OECD countries (HPI-2) to better reflect socio-economic differences
and also the widely different measures of deprivation in the two groups.
Biomimicry - Answer Efforts to reproduce material in an environmentally sensitive way
and with closed loop systems that are found naturally in the environment, such as glues
and enzymes produced by certain shell fish.
Resource Productivity - Answer Is the quantity of good or service (outcome) that is
obtained through the expenditure of unit resource. This can be expressed in monetary
terms as the monetary yield per unit resource.
Service and Flow Economy - Answer
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