economics

Increasing consumption is not sustainable or justifiable

I was in danger of quoting nef’s Great Transition report every day last week, so I held this one over, but this is just about the perfect articulation of the make wealth history premise:

The environmental and economic crises are not separate but interconnected events. It is the high levels of debt-fuelled consumption in developed countries that have landed us with dangerously high concentrations of CO2 and put pressure on ecosystem resources… While there is a clear case for poor countries to improve their living standards, increasing consumption further in developed countries is not sustainable or justifiable. In fact, developed countries need to do the exact opposite.

Exactly.

nef have a new-look website this week, I notice. Go and take a look.

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