There's been lots in the press about how the Credit Crunch is the worst financial crisis since the Great Depression and about how capitalism is on the brink, but very little linking it to the other big crises of our age - Climate Change and the end of cheap oil or Peak Oil as its known (although it would probably be more accurate if we described it as Peak Everything). As usual George Monbiot is out on his own. Here's his latest piece entitled "This is what denial does."
"This is nothing. Well, nothing by comparison to what’s coming. The financial crisis for which we must now pay so heavily prefigures the real collapse, when humanity bumps against its ecological limits.
"As we goggle at the fluttering financial figures, a different set of numbers passes us by. On Friday, Pavan Sukhdev, the Deutsche Bank economist leading a European study on ecosystems, reported that we are losing natural capital worth between $2 trillion and $5 trillion every year, as a result of deforestation alone."
Read the rest of the article here.
No comments:
Post a Comment