Industrial chemical agriculture & food major factor in massively screwing Earth (UN report) [View all]
NATURAL CAPITAL AT RISK
A new report on behalf of The Economics of Ecosystems and Biodiversity program sponsored by UN Environmental Program, examined the profiteering of the biggest industries on this planet, and then contrasted them with 100 different types of environmental costs including water use, land use, greenhouse gas emissions, waste pollution, land pollution, and water pollution.
The report found that when you took the externalized costs into effect, essentially NONE of the industries was actually making a profit. The huge profit margins being made by the world’s most profitable industries (oil, meat, tobacco, mining, electronics) is being paid for against the future: we are trading long term sustainability for the benefit of share-holders.
The corporate industrialized chemicalized system of agriculture, with its increasing reliance on CAFOs (huge, confined animal fattening operations usually serving up industrial-scale GMO feed with glyphosate residue), was fingered as a major player in this planetary rip-off: internalizing profits, while externalizing the cost of it's extreme harm to the life-support systems of the planet.
http://www.trucost.com/_uploads/publishedResearch/TEEB%20Final%20Report%20-%20web%20SPv2.pdf
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