The only way for companies that carry out ecological activities to be implemented in the future is to surpass polluting companies in their field, being more competitive than them, through technologies such as Blockchain and innovation in production processes. Discover how carbon credits are going to help green companies be profitable and how prosumers are going to play a leading role in that process
Can cryptocurrencies be used to make ecology profitable?
Valuation of Ecosystem services can throw light on the profit domain of Ecology
Man himself is an organism within the environment. He is influenced by the physical features of the environment. With the establishment of specialized disciplines of ecology, the importance of ecology to such fields as agriculture, forestry, limnology, fisheries and aquaculture management, pest management, wildlife conservation etc. became apparent. By applying certain ecological principles to fields such as agriculture, forestry, horticulture, fishery biology and pest control, he has received tremendous economic gains. Though man has controlled his environment successfully to meet his needs, but indiscriminate control in some instances through use of different chemicals or pesticides, release of carbon dioxide gas in the air, release of radioactive debris, discarded chemicals and industrial wastes into rivers result in aquatic and water pollution which may have a short or long time ecological effect. Rapid growth of urbanization and fast rate of multiplication of human population and consequently their needs, have resulted in a threat to ecology. Hence, to gain profit from ecology, all these negative aspects should be stopped.
I totaly agree with the answers before, we really have to change a lot to protect our nature from beeing destroyed. Nevertheless, back to the core question. In someway there is already a methode of valuing ecology by using the term "natural capital" and give the natural resources a value. To get the right value for something you have to take into account how much you will earn on the market with your ressource as well as any costs caused by production or damages which are created to nature and humans. This seems to be easy for things like fish stocks, but for other ecological resources this seems to be more theoretical. However, you can try to put a value to something incalculable like CO2 emissions with help of specific calculation methods, but it stays more or less insecure. I think until now there is still no real way how to manage this, but we will see what future is bringing. Here are some interesting paper about this topic, if someone wants to take a deeper look: https://www.iisd.org/pdf/2008/natural_capital_approach.pdf, https://ec.europa.eu/environment/nature/capital_accounting/pdf/Valuation_for_natural_capital_and_ecosystem_acounting.pdf
To the question if cryptocurrencies could be used.I think if there is a well defined value for something it will also be possible to put it into cryptocurrencies.
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