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Crown Capital Management Environment Reviews - Sustainabl...

Fueled by technological innovations and globalization, in the last two decades the world’s economic growth has lifted more than 660 million people out of poverty and has raised the income level of millions more. However, such growth has too often come at the expense of the environment. As the world population has tripled and the global economy expanded tenfold over the past 60 years, our demands on planet earth have become excessive. We have been cutting forest trees faster than they can regenerate, over-grazing rangelands and converting them into deserts, over-pumping aquifers, and draining rivers dry. On our agricultural lands, soil erosion exceeds new soil formation, gradually depriving the soil of its inherent fertility. We have been catching fish from the ocean faster than they can reproduce, bringing about over-fishing in most parts of the world’s seas and oceans. We have been discharging pollutants into the environment at a greater level than its assimilative capacity, resulting in widespread water pollution.  (Jun 20, 2013 | post #1)