Wednesday, October 14, 2015

Preface and Ch. 1 in Lester Brown's Plan B 4.0

"The good news is that the shift to renewable energy is occurring at a rate and on a scale that we could not imagine even two years ago" (Brown, 13) 

Renewable energy has been pushed a lot in the last few years by a lot of governments due to the high rise of temperatures in the earths atmospheres. These temperature changes could result in the melting of ice caps in the arctic. I'm glad Brown included this in the preface, bringing the importance of making the switch to renewable energy. Renewable energy could be the solution to keeping the climate of the atmosphere in check. 

"Three fourths of oceanic fisheries are now being fished at or beyond capacity or are recovering from overexploitation. If we continue with business as usual, many of these fisheries will collapse"(Brown 15) 

While I agree with Brown in the fact that these fisheries will collapse, I disagree with this in that this will hurt companies. Fishing companies will continue to over fish the ocean because the demands will always stay high. These companies have great amounts of money and are able to bribe themselves off any citations given to them for overfishing certain spots. For example, fishing for whales has been deemed illegal in many parts of the world. Japan does not have any laws against whaling and since there is a demand for the meat of these creatures the fishing companies there will continue to hunt them.

"As economic decisionmakers—whether consumers, corporate planners, government policymakers, or investment bankers—we all depend on the market for information to guide us."(Brown 16)

I don't understand why these economic decision makers still rely on the information given to them by the market when the markets are giving wrong information. They should be able to based their decisions off other data. These markets give wrong information in order to have control over their prices. Demand is what drives prices and if they can control the prices of a product with a high demand they are able to profit exponentially.