Re:Earth Overshoot Day
by imtringued on Tuesday May 17, 2022 @04:16PM
(#31415776)
Sustainable resource use leads to more growth, just not faster growth. You can overfish or overgraze to boost growth in the short term while sacrificing overall growth as ecosystem collapse will result in no or little growth. It would be more appropriate to look at 'lifetime' income of a resource but that would require 0% interest rates as positive interest rates devalue future income and reward short term thinking.
I think what the site is saying is we depend on ecological systems and natural resources to sustain our current standard of living, but we are consuming them at a faster rate than they can replenish. We need to use the available resources more efficiently - doesn't necessarily translate to less or even slower growth though.