It's the elephant in the room: can we grow the economy without destroying nature?

Sat, 31 Dec 2022 05:47:30 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.abc.net.au/news/2022-12-11/gdp-growth-and-environmental-destruction/101730502>

"There's a silence at the heart of our economic statistics.

Every quarter, the Australian Bureau of Statistics (ABS) publishes a
number that shows how much economic activity has taken place in Australia
recently.

We've all been conditioned to think it's a good thing if that number goes up a
little each time.

But what was the environmental cost of that increase in economic activity?

The ABS data doesn't tell us.

And economists who write analyses of the quarterly movements in economic growth
don't talk about it either. And federal budgets don't mention it.

Everyone ignores the elephant in the room."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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