Economists call them externalities. Those are all the goods and services that aren't accounted for in a company's or a country's balance sheet--things like the oil and ores we've been extracting from the Earth for centuries and the pollutants, including CO2 and methane, that we've been dumping back into the soil, air and water, supposedly for free. Journalist J. P. Sottile, writing in Truthout, does a great job of clarifying how these "free" goods and services are actually a huge, rapidly growing debt, and how nature is now collecting on our past-due accounts. It's a great piece. Please read it!
https://truthout.org/articles/after-years-of-abuse-the-earth-has-sent-its-bill-collectors/
https://truthout.org/articles/after-years-of-abuse-the-earth-has-sent-its-bill-collectors/
Open pit mine,Udachnaya, Russia--credit Wikimedia |
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