Earth Calling: Don’t you forget about me
Friday, October 31st, 2008With the Financial Tsunami bearing down on us it’s easy to turn a blind eye to ecological concerns (or even human right for that matter). But really it’s all the same stuff: a loss of our centre, of who we are.
It’s just reflected in different ways.
Peak Oil is still a major problem and that is bearing down on us more quickly than we would probably care to know.
The monetisation of ecological damage has been estimated at around $3trln, plenty more than current losses in financial markets (though maybe not when the final bill comes in). It would come as no surprise that the two are interconnected. Consumption drives production and production requires ecological resources. When many ecological costs are externalised then we have a problem.
Who pays the bill in the end? Just as we are seeing who pays the bill for excess consumption of financial resources.
The answer: We all pay.