Target Ecological Limits and Not Economic Growth

Abstract

Economic growth has both benefits and detriments for the sustainability of human flourishing. Economic growth has resulted in increased natural resource utilisation and discharges of emissions and wastes, which is worrying from a sustainability perspective. However, economic growth is intrinsically not a bad thing. It has many beneficial aspects, in particular the increasing supply of necessary goods and services that are needed to facilitate the flourishing of a growing human population. Furthermore, all types of economic growth are not necessarily impacting negatively on the natural environment. The key point is that global policy should not simply target economic growth with the aim of constraining it and striving for negative growth as a means to solving environmental sustainability concerns. This paper outlines the concept of ecological limits associated with natural resource utilisation and discharge of harmful emissions and wastes. It suggests that, instead of targeting economic growth, policies should target specific natural resource utilisation and emission discharge rates that exceed their ecological limits. Action plans should be developed and implemented using socioeconomic and technological approaches that try to bring these specific utilisations or discharges back to within their ecological limits. This may impact negatively on economic growth in the short to medium term but it is targeting specific resources and emissions that are unsustainable and the economic growth associated with them only. In the longer term, these actions may facilitate economic growth, while remaining within ecological limits.