Friday, 11 January 2019

Point of View - Growth or Environment

Our environment is vital to economic growth. 
Ancient civilizations were built on fertile soil, clean water and unpolluted natural resources. 
Current civilizations are facing the prospect of an environment being denuded of its value and valuable resources. 
Every so often we read about some creature becoming extinct. 
It seems to be of scant value to us; but it is part of the eco-system and somewhere down the line the earth is worse off for that. 
Air pollution and plastic waste are there for all to see and experience the ill effects. 
Human activities are destroying the future of human beings and other creatures on earth. 
We have always prioritised the economy. but it is crucial to realise that without the environment our economies will also be destroyed.
We cannot think of this issue in terms of a trade off between economic growth and the environment. we need both. 
So the question that every body is asking is how do we do both?

  Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...