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HereNow4U.net :: Books Online | Economics Of Mahavira | 05 | [05.04] Environment and Economics - Problems Related with Industry

Economics Of Mahavira ► 05 ► [05.04] Environment and Economics - Problems Related with Industry

Posted: 24.02.2006

Industry created certain new problems. When our collective attention was drawn to environment, it was found that the environment has become polluted; land, water and air all were polluted. The problem has assumed such large proportions that the burden of mitigating the problem created by big industrial nations is falling on developing nations. To discuss this problem, the Bio-Earth Summit Conference was organized. The Conference underlined the seriousness of the problem of pollution, but the problem continued to remain critical.

Excessive destruction and exploitation of land have been evident. Man, for his own comforts and for the satisfaction of his needs, has been destroying land. This is not anything new. But during the twentieth Century, the extent of such damage has been so extensive that it has exceeded all reasonable limits. The extent of exploitation of resources has never been so colossal in the past. If the present generation continues the process of exploitation and destruction, the coming generations would say that their ancestors were unwise. They themselves enjoyed comforts and compelled the successive generations to be impoverished and to live in an environment of distress. With regard to energy, the exploitation of oil, gas and other minerals has grown to such an extent that one can only wonder what would happen to land in the coming hundred or two hundred years. Scientists predict that problems like earthquakes and other natural calamities would be aggravated. Although the real causes of earthquakes are not known now, it is feared that this might be due to excessive exploitation of land and other natural resources.

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