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8.2 Resource Use in Society (Natural Capital & Income (has value,…
8.2 Resource Use in Society
Natural Capital & Income
has value
provide service
LEDC provides raw unprocessed natural resources
Renewable natural capital
MEDC manufactures natural resources to high quality finished goods
Non renewable natural capital
Case Study: Mining for lithium at Salar De Uyuni
Large production
Environmental problems to the surrounding areas
Values of Natural Capital
Non-valuation
Intrinsic value
Future use not discovered yet
Valuation
ecological functions
recreational functions
economic values
Encouraging sustainability
Ecological land use
Improved distribution
Sustainable material cycles (C, N, O)
Social systems that ease pressure of resources
Natural Capital Degradation
Processes
Production
Transportation
Extraction
Discarding after use
Environmental effects
Degradation of natural sources
Solid, non biodegradable waste
Oil spills
Soil, water and air pollution
Radioactive waste
Case Study: Shrinking of African Forests
People's livelihood depends on the sales of forest trees and land