Mind Map Exercise Group 5A

Environmental Economics

Vrije Universiteit 2011-2012

Shutong LiuFabrizio VillaniMaarten KleijnTim von HarrasYijun WU

Question: “Do changes in technological innovation due to the economic crisis have positive effects on

the environment?”

Mind Map Exercise Group 5A

Environmental Economics

Vrije Universiteit 2011-2012

Shutong LiuFabrizio VillaniMaarten KleijnTim von HarrasYijun WU

Question: “Do changes in technological innovation due to the economic crisis have positive effects on

the environment?”

Table of contents

• Introduction• Economic theory who’s who? • A quick glance at the mind map• Exploring the sectors• Conclusion

Economic Theory (game)

•Who is Who?

Joseph SchumpeterKarl Marx

Adam Smith J.M. Keynes

Economic Theory•The process of technological change

Source: homemade

Economic Crisis “Late-2000s financial crisis”or

“the never ending story (crisis)”

Economic Crisis “Late-2000s financial crisis”or “the never ending crisis”

Source: homemade

Less investment available

High unemployment

Recession

Decline in wealth

Decline in consumption

Decline in governments budget

Why we did what we did?

Source: GHG Emissions by sector, 2009. EPA

GHG Emissions by sectors

Let’s move on…

Our Focus

Source: homemade

Power / Energy

Power / Energy

Transport/Industry/Buildings

Others

Conclusions

“Do changes in technological innovation due to the economic crisis have positive effects on the environment?”

•Less investment capital available•Opportunities to invest

"As we recover from this recession, the transition to clean energy has the potential to grow our economy and create millions of jobs - but only if we accelerate that transition. Only if we seize the moment“ – President Barack Obama