Bread and Circuses on Nostr: What happens if you tally up the total "unpriced" natural capital consumed by the ...

What happens if you tally up the total "unpriced" natural capital consumed by the world’s top industrial sectors?
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Here’s how it breaks down:

A majority of unpriced natural capital costs are from greenhouse gas emissions (38%), followed by water use (25%), land use (24%), air pollution (7%), land and water pollution (5%), and waste (1%).

The total unpriced natural capital consumed by more than 1,000 global primary production and primary processing region-sectors amounts to $7.3 trillion a year — 13% of global GDP.
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Those are old figures, from an article and a report published more than ten years ago. Without doubt, costs are even higher now.

But the point is this: None of the world’s top industries would be profitable if they paid for the natural capital they use.

Capitalists *must* steal from the biosphere and from our future, or they can't make money.

LEARN MORE -- https://grist.org/business-technology/none-of-the-worlds-top-industries-would-be-profitable-if-they-paid-for-the-natural-capital-they-use/

#Environment #Climate #ClimateChange #ClimateCrisis #Capitalism