Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts

12 October 2010

ENVIRONMENT - The cost of damage

This article from the BBC News website spells it out pretty clearly. Environmental damage comes with a heavy price ticket, but the underlying and far bigger issue isn't mentioned. Because our population is way more than the planet can support (and still growing rapidly) it may not be possible to chart a way out of the mess we have created. We have left it far too late.

BBC article on the cost of environmental damageBut it's encouraging that a major news provider is publishing an article like this one. At last, after many decades of warnings from the scientists there is growing evidence that the media, governments, and businesses are beginning to accept that we really do have a problem.

Of course there are useful things we can do. We have already started to do some of them (renewable energy, fishing quotas, emission controls, banning persistent pesticides, and much more). But we are in a phase of the human story where improvements are becoming harder and more costly to achieve while the costs of not making those improvements is also rising rapidly. And I don't mean financial costs alone, but costs in terms of living standards, health, and human safety.

The first step towards any hope of recovery is to recognise that we have a problem. It's becoming clear that at last we're taking that step. Now we're in the phase of broadening and deepening our understanding of the issues we face. That, at least, is good news.

See also: Biology and the economy, Climate change - an update, Nitrogen trifluoride - should we be concerned?

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