Is it possible for environmental conservation and economic growth to coexist and why is environmental sustainability more important than economic growth?
Education and economic development contribute to moderate, or even to diminish, total environmental damage. See the article, free downloadable, by Guisan and Exposito (2020) "CO2 Total Emissions in the World, 1970-2015: Relationship with Economic Development and Population Growth", in Volume 20-1 of AEID at: https://www.usc.gal/economet/aeid.htm
Accordingly to our estimations about 85% of the increase of CO2 total emissions of the World, for the period 1970-2020, where due to a high increase of Population and only 15% to the small increase on CO2 per capita in the World.
Economic growth and environmental protection are key development challenges. Theoretically, eco-tourism could increase workers' income and increase the incentive to preserve forests. However, higher income is generally associated with larger environmental degradation. The central assumption is that economic growth can continue while reducing resource use, environmental pressures, and impacts. Resource use and environmental pressures can be absolutely decoupled from growth, and we can halt climate change and biodiversity loss without adversely affecting economic growth. The natural environment is central to economic activity and growth, providing the resources we need to produce goods and services, and absorbing and processing unwanted by-products in the form of pollution and waste. There is tradeoff between economic growth and environment because of desire to high growth and excessive use of resources that cause environmental pollution. Poor people and poor countries depend on the soil for food, the rivers for water and forests for fuel. Economic development is essential for the growth and progress of society, but it often comes at a cost to the environment. Ignoring the environmental consequences of economic development can lead to long-term negative impacts on the environment, people, and future generations. Some of the possible ways to balance economic growth and environmental protection in India are: Adopting clean and renewable energy sources. Implementing environmental accounting and valuation and enhancing environmental compliance and regulation. Clean air and water, healthy food and preserved nature all benefit human health and result in far more economic benefit than economic cost. Without the proper reverence for the Earth, we may run out of necessary natural sources that afford us the comforts of life to which we've become accustomed. Additionally, environmental protections save lives by reducing world hunger, global warming, natural disasters, polluted water and soil, and pesticides. Climate change has brought about threats like poverty and food insecurity, and while rapid economic growth has helped reduce food insecurity to some extent, extreme hunger and malnutrition continue to pester several parts of the world. Therefore, it is important for every individual to save and protect our environment. Economic growth will be undermined without adequate environmental safeguards, and environmental protection will fail without economic growth. The earth's natural resources place limits on economic growth.
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