The Environment And Environment: The Economy And The Environment

The Economy and the Environment

In the event of discussions regarding the environment, the economy, can somehow be brought upon at some point. The truth of the latter is that the economy has a major effect on the environment, may it be positive or negative and so, the economic growth as well as environmental protection must go hand in hand. However, this research limited to the relationship of the environment to the economic growth and vise versa. It does not answer as to what level of sustainability economic growth might have or be.

The natural environment is an important component of the economic system and without the environment; the economic system will not be able to function. For this very reason the economists has been treating the

The environment must be scarified in order for the economy to improve and that practices of managing resources could potentially harm the economy. Often in the past, economic development has been given importance over environmental protection and society. It is not often realized that mutual connection is present between the environment and the economy.

However, in recent years, economists, working hand in hand with ecologists, claimed that there is no evidence that the economy will suffer as environmental policy and strength increases and on the contrary, researchers have proven that environmental health may help in the improvement of the economy. Methods are being developed in order to measure the value of clean water, air and healthy forests throughout the world as well as environmental protection.

Economical and Environmental

According to Bloomberg. 8.1 million people worldwide had jobs in the clean energy during the year 2015; it topped the scale of 2014 having 7.7 million clean energy workers.

The percentages of clean energy workers, in China, have increased significantly by 35% than in oil and gas. Jobs using solar energy have grown 12 times faster than the overall job creation.

If the United nations targets are met on climate change and development, the workforce in clean energy workers will grow to 24 million by the end of 2030. Fig 1-6: Jobs in Solar vs Oil, Gas and Coal Extraction (U.S.) An additional US $83 Billion in benefits could be generated by giving oceans a break by fishing less according to a new World Bank Group report. Recovery from overexploitation of fishes can be garnered by reducing the global fishing effort. An increase of value, weight and price of fish could boost the profitability of fisheries to an estimated $3 billion a year to $86 billion. The fact that stocks would recover to healthier levels could lead more fish being caught and it would also benefit from the growing global demand for seafood

Fig 1-7: Fish Consumption