Green Economy, Red Herring
This year sees Rio plus 20 years and much activity especially from United Nations (UN) related institutions to push forward various agendas which the environmentally concerned might welcome. The financial and banking crisis signals for many the tip of the iceberg of reality into which modern industrial economies must inevitably run. Growth of material and energy throughput is then doomed to sink. ... Societal, economic and environmental crises are unified as the result of an old but common deception that growth is good, more is better and there can be more for everyone. In the Green Economy the poor are promised environmental riches, recycled materials and renewable energy can be exploited without environmental impact, and technology always finds a substitute for what runs out. All things can be made compatible by ignoring the basic contradiction between ever-expanding human activity and a finite world.
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References listed on IDEAS
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- Clive L. Spash, 2011. "Terrible Economics, Ecosystems and Banking," Environmental Values, White Horse Press, vol. 20(2), pages 141-145, May.
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