NEF publishes a new report arguing that indefinite economic growth is unsustainable.
Four years on from NEF's report Growth isn't working, the new publication, Growth isn't possible, goes one step further and tests the thesis in detail in the context of climate change and energy. The report argues that indefinite global economic growth is unsustainable. Just as the laws of thermodynamics constrain the maximum efficiency of a heat engine, economic growth is constrained by the finite nature of our planet's natural resources, or our biocapacity.
This compelling report is really worth a read, particularly in light of the discussions around the agenda for the next Earth Summit, which will be focusing on the green economy. We really recommend having a read or, alternatively, check out the related video that we've listed in our favourite videos.