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August 22 2013

Never mind the economic deficit. What about the environmental one?


Two contradictory ideas shape UK politics. First, the argument for austerity, that the nation cannot and should not live beyond its financial means. Second, the notion that we can and must, in effect, live beyond our environmental means. That is why any increase in our spending and consumption is hailed as economic success.

Today, the world goes into ecological debt, or "overshoot" an estimate of the moment in the year when humanity has consumed more natural resources and created more waste than our biosphere can replace and safely absorb over a 12-month period.

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