1. BA 447: Environment Note to students: scan links provided. Consider this lecture a survey to get you started.

2. Exercise: Step 1 Is there a possible relationship between changes in the price of crude oil and deaths in a large city, say San Francisco?

3. Selected Topics Global warming Sustainable energy use Ecological issues –Conserving natural resources –Protection of plant and animal life Role of NGOs (sometimes referred to as activists) Impact on global business

4. Global Warming Increase in earth’s temperature Greenhouse effect - increase in carbon dioxide and other emissions and effect on atmosphere Most of the warming seems to have occurred in last 50 years, therefore due to human activity Some in the science community contest this http://en.wikipedia.org/wiki/Global_warming http://www.realclimate.org/index.php?p=121

5. Emissions Trading Alternatives to reducing emissions –Government mandates –Emissions trading - free market approach Existing systems –US: Clean Air Act places a cap on emissions –EU Greenhouse Gas Emission Trading Schemes –UN Framework Convention on Climate Change http://en.wikipedia.org/wiki/Emissions_trading

6. Emissions Trading Financing of schemes, some examples –World Bank facility: http://carbonfinance.org/ –European Bank for Reconstruction and Development http://www.ebrd.com/country/sector/energyef/carbo n/http://www.ebrd.com/country/sector/energyef/carbo n/

7. Dissenting views on global warming http://www.lickglobalwarming.org/ http://www.globalwarming.org/about.htm http://www.globalclimate.org/

8. Sustainable Energy Use Nominal prices of crude oil over time –http://www.eia.doe.gov/cabs/chron.htmlhttp://www.eia.doe.gov/cabs/chron.html Real price comparison –http://www.forbes.com/static_html/oil/2004/oil.shtmlhttp://www.forbes.com/static_html/oil/2004/oil.shtml US Gas prices (components and history) –http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis _publications/primer_on_gasoline_prices/html/petbro.h tmlhttp://www.eia.doe.gov/pub/oil_gas/petroleum/analysis _publications/primer_on_gasoline_prices/html/petbro.h tml –http://www.randomuseless.info/gasprice/gasprice.htmlhttp://www.randomuseless.info/gasprice/gasprice.html

9. Some myths about energy Are gas prices really that expensive? Some myths about energy –http://dieoff.com/page132.htmhttp://dieoff.com/page132.htm

10. Ecological Issues - examples Forest cover Spotted owl Dolphins Sea Turtles Chilean sea bass –http://www.nytimes.com/2005/10/23/magazine/ 23bass.html

11. Genetically Modified Crops and the Environment Examples: –Seeds genetically modified to be pesticide resistant –Seeds modified to produce organisms that kill other organisms Issues: –Increase food production –Impact on environment

12. Role of Activists In Brazil, filed or caused law suit to be filed to ban the introduction of modified seeds In Europe, lobbied parliament In other countries, lobby congress or executive branch In general call attention to environmental issues. What about food production?

13. Exercise Other relevant environmental concerns Writing exercises: –How can increase in crude oil price lead to lower deaths in Los Angeles? –Given company you are analyzing, is there an environmental concern relevant to company your group is studying? State how relevant using crude oil price - LA death example?