Target Ecological Limits and Not Economic Growth

John J. Fitzpatrick
Additional contact information
John J. Fitzpatrick: Process & Chemical Engineering, School of Engineering, University College Cork, Cork T12 K8AF, Ireland

World, 2020, vol. 1, issue 2, 1-14

Abstract: Economic growth has both benefits and detriments for the sustainability of human flourishing. Economic growth has resulted in increased natural resource utilisation and discharges of emissions and wastes, which is worrying from a sustainability perspective. However, economic growth is intrinsically not a bad thing. It has many beneficial aspects, in particular the increasing supply of necessary goods and services that are needed to facilitate the flourishing of a growing human population. Furthermore, all types of economic growth are not necessarily impacting negatively on the natural environment. The key point is that global policy should not simply target economic growth with the aim of constraining it and striving for negative growth as a means to solving environmental sustainability concerns. This paper outlines the concept of ecological limits associated with natural resource utilisation and discharge of harmful emissions and wastes. It suggests that, instead of targeting economic growth, policies should target specific natural resource utilisation and emission discharge rates that exceed their ecological limits. Action plans should be developed and implemented using socioeconomic and technological approaches that try to bring these specific utilisations or discharges back to within their ecological limits. This may impact negatively on economic growth in the short to medium term but it is targeting specific resources and emissions that are unsustainable and the economic growth associated with them only. In the longer term, these actions may facilitate economic growth, while remaining within ecological limits.

Keywords: environmental sustainability; ecological limits; economic growth; degrowth (search for similar items in EconPapers)
JEL-codes: G15 G17 G18 L21 L22 L25 L26 Q42 Q43 Q47 Q48 R51 R52 R58 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2673-4060/1/2/11/pdf (application/pdf)
https://www.mdpi.com/2673-4060/1/2/11/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jworld:v:1:y:2020:i:2:p:11-148:d:408525

Access Statistics for this article

World is currently edited by Ms. Cassie Hu

More articles in World from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().