iPhone app iPad app Android phone app Android tablet app More

Featuring fresh takes and real-time analysis from HuffPost's signature lineup of contributors
Ian Carey

GET UPDATES FROM Ian Carey
 

The Great Economy Versus Environment Myth

Posted: 04/ 5/2012 1:03 pm

To many people the most prominent debate of the day is seemingly between the economy and the environment, and in today's economic climate the health of the economy is often deemed more important.

Environmentalism, in some circles, is still thought to be only about protecting trees and cuddly animals instead of trying to protect the environmental conditions necessary to ensure the health of people all over the world. While environmentalists and environmental NGOs actually spend a great deal of time studying and reporting on how climate change will impact human and economic health, many people consider environmentalists to be critical and dismissive of any type of resource extraction or energy production and as never giving a thought to job creation or the impact environmental regulations would have on the profitability of certain industries.

In similar fashion, any action taken to protect the environment is seen by many as detrimental to the health of the economy. In the short term this perception is often correct: stricter pollution regulations hurt the profitability of companies and decrease the speed at which they are able to expand their operations while renewable energy is, at the moment, more costly to produce and will need continued government support to become as viable as its more polluting alternatives.

The problem with this perception is that the economy and environment are not in opposition with one another. In fact, environmental issues are not separate from any issue we face but actually a component of them all. You cannot combat poverty, disease, or suffering without a stable climate and a healthy environment for which people to live in and you cannot improve a struggling economy either.

A healthy environment is a prerequisite for a healthy economy. The economy relies on the planet's ability to provide resources and the necessities of life, if the pollution we produce is reducing its ability to do that it becomes catastrophic for the economy. In fact, climate change has the potential to (and most likely will) send us into one of the biggest global recessions ever.

"Climate change presents a growing, long-term economic burden for Canada," said the National Round Table of the Environment and Economy (NRTEE) in September of last year. The NRTEE is an independent agency created by the federal government in 1988 with the mandate to show "leadership in the new way we must think of the relationship between the environment and the economy and the new way we must act." According to their report last fall, climate change will start costing Canada in the billions by 2020 but that number could balloon up to as much as $43 billion a year by 2050. The economic burdens climate change creates come from a disruption to Canada's timber industry arising from changing environmental conditions, a drain on our health care system from warmer weathers and increased premature deaths, flooding in coastal areas and many other factors.

The report did not go into the impacts felt from global affects such as a rise in the cost of food, and an increase in the need for humanitarian funds to help those affected by the drastic increase projected for extreme weather patterns. Take that into consideration as well and the future looks grim for Canada's economy if runaway climate change is allowed to continue.

Last year a report showed that climate change is to blame for the rise in the cost of food. Food prices, as with energy, have a trickle-down effect on the rest of the economy, when people have to pay more for food it causes inflation and means everyone spends less on everything else. The more climate change creates harsher conditions that are detrimental to global food production the more the global economy suffers.

The increase in extreme weather patterns that we have seen in the last few years are projected to increase in quantity and size as climate change progresses, and in addition to causing massive amounts of human suffering they are also quite costly. In 2011 the United States experienced 14 extreme weather events, all of them costing more than a billion dollars each.

The impacts of climate change have far greater consequences than sheer economics, however. While it may be possible to put a dollar figure on the costs involved in relocating people, providing humanitarian aid to countries experiencing drought, and the cleanup of areas that have experienced extreme weather or flooding, calculating the cost of human suffering involved in those occurrences and putting a dollar figure on it is of course impossible.

There is nothing more threatening to the health of our economy than climate change, yet frequently there are those defending environmentally destructive activities by claiming they are doing so for the sake of the economy. The truth is actually that the action they are defending would most likely be good for the economy in the short term but in the long term would also contribute to future economic hardship and the risk of massive global recession, not to mention the incalculable costs of human suffering. Perhaps it's time for Canada, and much of the rest of the world, to start looking at the long term implications of a damaged environment when mapping out their current economic strategies.

 
To many people the most prominent debate of the day is seemingly between the economy and the environment, and in today's economic climate the health of the economy is often deemed more important. ...
To many people the most prominent debate of the day is seemingly between the economy and the environment, and in today's economic climate the health of the economy is often deemed more important. ...
 
 
  • Comments
  • 17
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Recency  | 
Popularity
01:55 PM on 04/09/2012
Here's some folk with some bright ideas about making renewables more practicable. Bill Gates is an investor. Their working on bringing electricity storage mainstream which will mean that solar and wind power can be stored for use later. If it works this would be much better than the current system whereby we have to match supply to demand. We need these kinds of people on HuffPost to help folk understand that renewable technology isn't about living in a cave.

http://lmbcorporation.com/
http://www.ted.com/talks/donald_sadoway_the_missing_link_to_renewable_energy.html
01:51 PM on 04/09/2012
Reducing energy costs and investing in renewable technology is more interesting for folk than talking about climate change or global warming. Solar panels, wind turbines, LED lighting, cavity wall insulation, loft insulation, improved glazing, underfloor heating are things that folk need help in understanding the economic benefits which are sizeable. Lower energy usage = lower bills with the additional spin-off that you're reducing CO2 emissions and saving the planet.
10:52 PM on 04/08/2012
I agree with this article wholeheartedly and have been trying to get this message across to the folks who can't seem to make this connection: healthy environment=/trumps healthy economy. Thanks you for writing this, Mr. Carey.
HUFFPOST SUPER USER
Lance Manling
04:15 PM on 04/07/2012
You forgot to mention how being an environmental NGO is also a business. Don't believe me, look at the IRS 990 for the larger organizations.
photo
Conspiracy2Riot
Go ahead, try and eat that fiat currency
02:25 PM on 04/07/2012
“ People often ask me what sort of a culture I would like to see replace civilization, and I always say that I do not want any culture to replace this one. I want 100,000 cultures to replace it, each one emerging from its own landbase, each one doing what sustainable cultures of all times and all places have done for their landbases: helping the landbase to become stronger, more itself, through their presence.”

- Derrick Jensen in ‘Endgame, Vol. 2: Resistance’
photo
HUFFPOST SUPER USER
Creox
Life is too important to take seriously.
01:29 PM on 04/06/2012
Unfortunately, those industries that do the most damage are only looking ahead in quarterly increments for the most part and are not willing to leave a cent in the ground before moving ahead with alternatives.

I am dismayed in that I am starting to feel that the inertia of our oil run planet is too much to stop or slow down before collapse is catastrophic.
photo
artleads
Let's have a national retreat.
11:35 AM on 04/06/2012
The article and the comments reinforce a few things:

1) Earth's ecosystems are what have supported human and other life up to this point, and need to be radically preserved if they are to continue doing so.

2) Economic activity and wellbeing does not necessarily have to be economic growth; it is more reasonable and healthful to look at it as economic *development*.

3) The destruction of the natural world caused by human economic activity exceeds the natural world's ability to replace what is being lost. This situation needs to be reversed.

4) It is not generally understood how radical is industrial civilization's onslaught on the natural world's ecosystems.
photo
Conspiracy2Riot
Go ahead, try and eat that fiat currency
02:04 AM on 04/07/2012
as always artlead, you say it with such eloquence and straightforwardness.

the idea of infinite consumption is at best a fleeting thought in the average person's mind. and yet, we are bombarded with marketing and advertising morning noon and night, in this country more than any other with messages urging us to do just that: consume.

for mankind to repair and stabilize the health of the planet, reduction must occur.

industrial civilization and globalization must be replaced with 1,000's of other solutions that meet each localized communities needs. there is no one size fits all answer to the challenges that face us.
photo
artleads
Let's have a national retreat.
11:00 AM on 04/07/2012
Amen!
10:48 PM on 04/08/2012
You've hit the nail(s) on the head. Very well-said. Thank you.
photo
HUFFPOST SUPER USER
Kazzim Zongo
Outside of a dog, a book is man's best friend.
10:08 AM on 04/06/2012
"Buyers who choose Nissan's all-electric Leaf ($28,421) over its approximate gas-powered equivalent, Nissan's Versa ($18,640), will likely wait nearly 9 years until they break even, according to a new report by The New York Times that examines the cost of fuel efficiency. For drivers of the Chevrolet Volt ($31,767), the wait is even longer— 26.6 years."...Nashville Bus Journal
photo
HUFFPOST SUPER USER
Linus521
In wildness is the salvation of mankind
01:07 AM on 04/06/2012
Tragically, this writer views, the environment and cuddly animals to be inverse of everything that is green and sustainable. The irony is, science considers the appearance of plants and trees on the Earth's land, the most vital and significant, ecological and evolutionary event. And, the very "cuddly" animals he refers to, are Earth's vital, biodiversity, the strands in the web of all life, the very bricks and mortar of man's only eco, his house, Earth.

Therein is the problem. Almost all of us are ecologically illiterate in the science of ecology or how creates, cycles and supports all life, including man's own, "life-supporting services" generated by Earth's natural and wild, physical body and face or Earth's ecosystems that are created and sustained by cuddly animals and plants and trees, those oxygen releasing, climate moderating, water exhaling and the very natural sequestration of those climate warming gases, that natural ecosystems and biodiversity, like trees and plants, naturally take care of.

We need to focus on the first green, the big green, the only green that will ever matter: The salvation of Earth's natural and wild ecosystems and their plant and animal biodiversity, all the reasons man exists and breathes. We need to remember, before all else, man and Earth exist only because of Earth's natural surface and body, and ecosystems exist only because of their plant and "cuddly" animal diversity, which would also include amphibians and reptiles, vital to the sustainability of Earth and all life, including man's! Kindergarten science!
08:57 AM on 04/06/2012
Hi Linus521- Thank you for your comments, I agree with you 100 percent but I feel you may have misunderstood something written above, or perhaps I did not make it clear enough.

The paragraph that reads:
"Environmentalism, in some circles, is still thought to be only about protecting trees and cuddly animals instead of trying to protect the environmental conditions necessary to ensure the health of people all over the world." is not to suggest that cuddly animals or trees to do not play a role in the health of ecosystems or that we do not need to protect them for that reason. Obviously trees and all species are pivotal to the health of our environment.

What I was suggesting is that quite often people who do not view environmental protection as important have the perception that environmentalists just want to protect cuddly animals because they are cuddly animals and not because of the role these cuddly animals play in our ecosystems, and that environmentalists just want to protect trees because they like trees and not because of the role trees play in ensuring a healthy environment.

I apologize if this wasn't clear and agree with you that we need to protect biodiversity including the cuddly animals, the ugly ones, and the ones that crawl around in the dirt. Thanks again.
photo
HUFFPOST SUPER USER
Linus521
In wildness is the salvation of mankind
12:44 PM on 04/06/2012
I apologize. Maybe, I didn't read the article carefully. I spend alot of time on the green site, reading, and sometimes, I have to read swiftly. Now, I see your point. I'm also hyper-sensitive about some un-cuddly animals I adore and love deeply, like lizards and tree frogs. I have had extraordinary experiences with wild species, like birds, lizards and tree frogs. So, I am very defensive about them. I have also been disturbed by the recent slaughter of a keystone specie, the American wolf, not cuddly, but they hold down an important job for this nation's ecosystems.

You are correct. Many species of plant and animal biodiversity are neither cute or cuddly, like microorganisms in the soil that pump life into a living soil, like fungi!
photo
Conspiracy2Riot
Go ahead, try and eat that fiat currency
02:09 AM on 04/07/2012
i caught what you meant and immediately 'named and blamed' the people 'in some circles'.

we know who they are.

enjoyed the article. saddens me that we don't find 100's to 1,000's of comments on the threads on this type of story.

the planet is primary. if there is any single issue that should park us all in the same boat, it's this one.
06:51 PM on 04/05/2012
Thank you for this article Ian! I think it's also tragic that NRTEE will be forced to close its doors due to the new federal budget, which demonstrates yet again, the Harper government doesn't see value in research, especially to do with climate. I wrote a short blog post this week with a similar "flavour" on economy vs. environment for business, on Justmeans - http://bit.ly/HIGIFu
09:09 AM on 04/06/2012
Hi Meirav, I enjoyed reading your blog about sustainability initiatives in the corporate setting, its great to know that so many executives and employees are motivated to embrace a new definition of business success: financial sustainability while doing no harm, and taking nothing from the environment.

very interesting read