Decoder: When protecting the environment makes more cents
The Great Barrier Reef isn’t just an endangered world wonder. Protecting the world’s largest coral reef system is also key to Australia’s economic growth. A diver swims past coral on the Great Barrier Reef in Australia, 18 October 2016. More than 90%...
Protecting the environment isn’t just the right thing to do, it can also be the profitable thing to do. Take the Great Barrier Reef, for example, which has an estimated value of $56 billion Australian dollars. Help your students disentangle the complicated world of environmental economics with this article.
Exercise: After reading the article, have students take the WWF Carbon Footprint questionnaire at https://footprint.wwf.org.uk/#/. The questionnaire estimates individuals’ carbon footprint, looking at food, travel, home and consumption habits. After the questionnaire, launch a class discussion on how changes in individual habits may contribute to fighting climate change — and might even be a profitable choice.