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