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Sustainability & Business

Businesses have a profound effect on sustainability. Businesses are permitted to externalize many of the costs associated with producing, using, and disposing of their products, which means that the cost and damage is shared by everyone.

For example: Coal sells as a commodity at about $50/ton. Experts estimate that the extraction and burning of coal creates additional costs to society of over $200/ton.Coal and energy companies profit from the low price, while everyone else bears the costs, primarily in the form of environmental degradation, global warming, and impaired health.

(Other examples include difficult-to-recycle electronic devices and single-use containers & packaging.)

This entry was posted in Capitalism, Economic Justice, Energy, Fossil Fuels, Resource Extraction, Rights of Nature | Mother Earth, Sustainability & Business, Waste and tagged , , , , , .

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