Wednesday, 4 February 2009

Sustainable Crunch?

Sustainable thinking means that people will have to provide for their current needs and think about the future. With the credit crunch now right on top of people, everyone needs to start thinking about cutting back on their spending to have money for the future, this can surely only have a positive effect on sustainable issues? In this blog i am going to briefly explore some of the positives and negatives of the credit crunch.

Travel
Cars have always been the enemy of many environmental issues, but for most people they are a helpful and flexible mode of transport in a highly active economic climate. However cars are expensive to run, and with the credit crunch hitting people this is becoming more expensive. People are now ditching the car in an attempt to save more money using different modes of transport. While this is a positive step for the environment with less cars on the road and the pollution rates decreasing there is also a negative side. Other transport methods are less flexible than the car and mean people need to extend their commuting time; this could lead us to an even more socially broken society? With people being caught up in problems and late for work could also lead to people losing their jobs, which in the current financial climate is not something many families can afford to have happen and could have devastating consequences.

Home spending

Electric, gas and waters bills are some of the kind of bills which people pay, and cutting these bills down can be a challenge but also a necessity. One simple way of doing this is switching off the light or using lower energy light bulbs, can not only save people money but also help the environment with less electricity being produced and less environmentally harmful methods being used. Recycling is also an issue in the household, the credit crunch is having a positive and negative effect on this issue. Some councils are giving out fines for not recycling rubbish properly and no matter what the economic climate few people want to pay a fine. There could also be a negative effect however with people not wanting to recycle and not finding the time in their busy and hectic lifestyle driven by earning money and keeping a job.

Unemployment
This may not seem as though it has much to do with sustainability but it does, earning money provides families with money and is part of helping develop for people in the future. Lots of people are becoming unemployed as a result of the credit crunch; some companies cannot afford to employ as many people as they are and have to cut back. Jobs are being lost everywhere around the country and it’s not just have effect directly on these people but also the country as a whole is suffering.

So is this credit crunch good?
While the credit crunch is here sustainable development is being brought to everyone’s minds, people are learning more about how to develop and save for the future but without lowering their own standard of living. However is it too little too late? Should we have already been doing this before the credit crunch, should sustainable development not be a new barely explored area but one with a vast knowledge base already?
While the credit crunch is here the UK’s economy was already suffering a decrease in industry, could this mean there is even less. During this period there are positives for our already fragile and broken environment but sustainable development isn’t just about saving the environment, it’s about still being able to develop and preserving the good for the future. The world shouldn’t need a recession to push this into people’s minds and to save the environment, ultimately we probably should have already been doing it.



With thanks
- http://business.timesonline.co.uk/tol/business/#
- http://news.bbc.co.uk/1/hi/in_depth/business/2007/creditcrunch/default.stm
- The brain of Freddy Try.

1 comment:

Alfie said...

hoping to put some pictures up and a video soon but its seems to not want to at the moment!