Thursday 30 June 2011

Benefits from a Recession



They say it's an ill wind that blows nobody any good. The EU has reported the recent recession saw greenhouse gas emissions drop by a record 7.2 percent; however, how low they'll stay as the EU recovers is another matter.
Conspicuous consumption and obscene wastage have slowed dramatically in the face of the recession. Experts believe that a number of factors have contributed to this remarkable fall, including a shift in public attitudes away from wasteful living; a drop in the amount of white goods, such as washing machines and TVs, being thrown out; and a fall in construction waste, as the recession affects the number of building projects.
As food waste directly affects food supply and demand and consequently food prices, reduction in food waste has the power to have a strong effect on food price levels. As our income is reduced, we waste less food, which then helps to bring demand down, which helps to reduce costs.
More good news comes from a study into the Earth's recovery from a prehistoric global warming event when atmospheric carbon dioxide levels were high has found that the Earth bounced back far faster than previously thought. However, that news still isn't good for humanity as the period was still 30,000 to 40,000 years.


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