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
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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.

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