Economic growth cannot continue
Read the article Economic growth 'cannot continue' and then answer the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.
Define the terms:
- Economic growth
- Natural resources
Examine the economic costs that are likely to result from climate change.
Choose one policy that a government could adopt to reduce climate change and evaluate its likely success.
We urgently need to change our economy to live within its environmental budget. A new macroeconomic model is needed, that allows the human population as a whole to thrive without having to relying on ultimately impossible, endless increases in consumption.
National Economic Foundation. (NEF)
It is precisely economic growth which will lift the poor out of poverty and improve the environmental standards that really matter to people - like clean air and water - in the process, as it has done throughout human history. There's only one good thing I can say for the Nef's report, and that's that it is honest. Its authors admit that they want us to be poorer and to lead more restricted lives for the sake of their faddish beliefs.
Adam Smith Institute