For some, the world now faces a stark choice between rising prosperity and a cleaner, more sustainable environment. In fact, with new technology and fresh thinking, policymakers can strike a durable balance between these competing interests.
VIENNA – Manufacturing industries present society with a dilemma. A healthy manufacturing sector helps an economy to grow, thereby raising living standards – an especially important goal for developing countries. But, as factories try to meet ever-growing consumer demand, they deplete the world’s natural resources and pollute the environment. For some, the world now faces a stark choice between rising prosperity and a cleaner, more sustainable environment. In fact, with new technology and fresh thinking, policymakers can strike a durable balance between these competing interests.
VIENNA – Manufacturing industries present society with a dilemma. A healthy manufacturing sector helps an economy to grow, thereby raising living standards – an especially important goal for developing countries. But, as factories try to meet ever-growing consumer demand, they deplete the world’s natural resources and pollute the environment. For some, the world now faces a stark choice between rising prosperity and a cleaner, more sustainable environment. In fact, with new technology and fresh thinking, policymakers can strike a durable balance between these competing interests.