Waste Less, Earn More
While some advocate economic degrowth as an option to achieve climate targets and other environmental goals, there is a much stronger case for adopting efficient clean technologies. The gains from introducing them would outweigh the financial cost of the green transition, and economies would not have to sacrifice growth in the process.
LAUSANNE – Our world is extraordinarily inefficient. We waste enormous quantities of energy, water, raw materials, and food. We even waste our waste and the precious resources it contains. We do so not necessarily because we lack ecological awareness, but rather because the society we live in is built on the myth of infinite resources.
Sustaining this situation of false abundance is morally unacceptable when a large part of the world’s population lacks what a small part routinely wastes. It also has a considerable financial cost now that technologies exist to end this waste.
While some are considering economic degrowth as an option to achieve global climate targets and other environmental goals, there is a much stronger case for adopting technologies that allow us to become more efficient. That means replacing old polluting infrastructure with cleaner modern systems.