“"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption...The long and the short of it, unfortunately, is this: more politicians still believe that economic recovery depends on continuing to live beyond our means (financially and ecologically) than on learning to live within our means. And that's why the ultimate "Perfect Storm" recession still looms on the horizon”
Quote by Jonathon Porritt
Author
Jonathon Porritt
Jonathon Porritt is a renowned British environmentalist and writer. Born on July 6, 1950, he has been committed to promoting global environmental sustainability since the 1980s. Porritt has served as an environmental advisor to the British government and held key positions in various international and non-governmental organizations, such as the World Wide Fund for Nature (WWF) and Friends of the Earth. He has also authored several books on environmental issues and has been a global advocate for the concept of sustainable development. more
You May Also Like
“Sustainability is about profit...it is the opportunity of the century”
“Companies not interested in sustainable development issues will not survive long”
“Good environmentalism is good economics”
Source: The Conable years at the World Bank: major policy addresses of Barber B. Conable, 1986-91