Intergenerational Equity Case Study: Iron Ore Mining in Goa
Economic & Political Weekly, Vol LII, No 5, P. 18-21, February 4, 2017
4 Pages Posted: 3 Apr 2017
Date Written: February 4, 2017
The public trust doctrine makes natural resources a part of the commons, owned equally by all, and legally owned by the state. The resources and opportunities that the present generation have inherited must be available to future generations in perpetuity. In the Goa mining case, the Supreme Court wanted to implement intergenerational equity on the grounds of the exhaustion of the iron-ore reserves as well as the widespread damage to the Goan environment and social fabric.
Keywords: Goa, Mining, Intergenerational Equity, Sustainability, Ecological Economics
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