Berto Jongman: True Cost Economics — No Western Industry Would Be Profitable is Natural Capital Costs Considered

03 Environmental Degradation, 10 Transnational Crime, Commerce, Corruption, Earth Intelligence
Berto Jongman

None of the world’s top industries would be profitable if they paid for the natural capital they use

Here’s how those costs break down:

The 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 the more than 1,000 “global primary production and primary processing region-sectors” amounts to $7.3 trillion a year — 13 percent of 2009 global GDP.

Read full summary with graphics and findings.