What’s The Relation Between Climate Change and The Economy? –
The recent protest #ShutDownDC had brought light to climate change problems on Wall St., DC. However, why do the protestant picked the spot? Is there any apparent relation between climate changes and the world-wide economy? Actually, there is – and it is much direr than one might think.
• Economy: The Wheel That Turns The Modern World
It’s no secret that the economy is the major cause of our fast-growing society. As means of transportation gets faster and more efficient, the cycle of economy starts growing faster and faster.
The number of online poker player at grows, and all businesses have the chance to grow too. Sadly, not many realize that this amazingly fast growth doesn’t only affect money and production – it also affects many other issues including wage, labor, the environment, and climate change.
• How Did Economy Affect Climate Change?
Wait, but how did the economy affect climate change? Let’s look at the shorter branch first – environment. Apparently, the faster the economy grows, the faster products are made. So, in order to keep up with the market, factories will be in dire need of materials.
If the materials are taken from nature (or at least need natural elements such as cotton, millets, etc.) then we are waning the quality of the soil at a fast rate. Then, the process (whether the materials came from nature or not) will require excessive non-environmentally friendly chemicals that are thrown without being processed first.
If these damages are prolonged, it will affect the climate because both efforts are damaging natural environments that produce oxygen and many other chemicals that regulate our climate. Hence, climate changes are forced to move fast as well.
• Moves That Are Good For The Economy But Bad For The Earth
As we can see from the explanation above, there are two moves that are good for the economy but pushing climate changes as well:
- Producing materials at a fast rate. This pushed the need for deforestation – which lessening natural habitats of animals, lessening oxygen production in the area, all while disrupting biodiversity.
- Throwing out unrecyclable wastes without any processing. This harms the environment even further, causing the same effects as the first point.
Other bad economy moves for the climate include consuming animal products, which increases our carbon footprint.
So, what’s the relation between the economy and climate change? Well, first of all, many aspects of the economy thrive because they invested in climate change-inducing stuff including oils and plastic. Another example, the single-use products in our modern life cannot be recycled and filling the landfill and ocean, pushing climate change even further. Who are capable to push these bad changes if not the economy?