From the monthly archives: February 2008
“We must restore confidence to the economy, to consumers and to the markets,” declared The House Democratic Leadership on Friday.
Their solution? Tax rebates and relief, echoing George Bush and probably every other economic analyst. The Federal Reserve has been cutting interest rates for the past six months to achieve the same goal; to entice people to Buy! Buy! Buy!
Not only will this take money away from important public services, but increasing consumption has dire negative impacts. The process of extracting resources, manufacturing products, consuming them, and disposing of them is the very culprit of environmental degradation. And guess what? This consumption will ultimately take us down as well.
In an article entitled 10 Ways Recession Can Help the Environment the author writes:
With all the hype over hybrid, biodiesel, electric and hydrogen cars, we need to ask how much better are these new breeds for the environment. Will these revolutionary cars really bring on a sustainable revolution in transportation, or will we need to turn to transportation in darker shades of green?
Biofuel was hopeful at first, until the price of competing grains increased as farmers devoted more of their land to grow corn for biofuel, leaving less land to grow other crops. Now, according to the Telegraph UK, animal habitats are being destroyed as land around the world is being converted to grow biofuel crops.
You have probably heard of the CNW Marketing study that the H3 Hummer has less of an impact on the environment than the Prius. This has since been rebuked by MIT, Union of Concerned Scientists and Rocky Mountain’s Argonne National Lab. Those studies were based on lifecycle analysis. The lifecycle of a vehicle includes all the steps required to provide the fuel, to manufacture the vehicle, to operate and maintain the vehicle, and to discard and recycle the vehicle.
