EVERYDAY SCIENCE

Detailed explanation-1: -Increased consumption of Earth’s resources-and its negative environmental impact-has led many to conclude that economic growth is unsustainable.

Detailed explanation-2: -As the poor countries desire more economic growth they will use more available natural resources resulting in environmental degradation. Economic growth is vital for giving more options to poor societies, but their models of development must become less energy intensive and more environmentally sound.

Detailed explanation-3: -Poor environmental quality in turn affects economic growth and wellbeing by lowering the quantity and quality of resources or due to health impacts, etc. In this context, environmental policies can curb the negative feedbacks from the economy on the environment (and vice-versa).

Detailed explanation-4: -The production and use of goods can deplete natural resources and generate pollution. In addition to the scale of consumption increasing with income, the composition of what people consume changes, which could either exacerbate or offset their environmental footprint.

Detailed explanation-5: -Economic growth and environmental concern must go hand in hand. As responsible corporate citizens, it is vital that we address climate change and the resulting social inequality and growing health care concerns. All life on earth is inextricably connected with climate change and hence affected by Global warming.