What is the importance of the Green Revolution in economic development?

Answer 1

The Green Revolution is on, but it puts thriving economies on thin ice. Wind, solar, electric and other non-carbon sources of energy are all fine in themselves, but carbon-based fuels are still the backbone of our economy. The problem today is that ecology and economy are regarded as inseparable, that is, what's' good for the ecology is good for the economy. It just isn't so. It costs a lot of money that is never recouped to put ecology above economy. Take for instance the almost 50% unemployment that took place during the last presidency, just to protect a fish no larger than a minnow. Insane? You bet! The Pacific coast lumber industry is still stagnant and devastated because the government wanted to protect the spotted owl in the late seventies or early eighties. Putting economy above ecology keeps things in perspective for good business, which today is crammed with successful companies with a passion to preserve and keep clean Planet Earth. No one, especially American industry, wants another Three Mile Island, Love Canal or Chernobyl (which was a communist/socialist disaster on a large scale)! You will find that capitalism alone has the funds, non-government capital, to make our planet as pristine as possible.