However, this often occurred at the expense of the environment—effectively borrowing from the future to pay for the present, a strategy that is inherently unsustainable.
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For instance, the World Bank’s 2016 report, *The Cost of Air Pollution*, found that the welfare losses due to air pollution exceed 6% of global GDP.
This sounds pretty sustainable to me! 6% of current GDP of total cost in order to unlock roughly 10,000% growth since the start of the industrial revolution is a great deal.
This sounds pretty sustainable to me! 6% of current GDP of total cost in order to unlock roughly 10,000% growth since the start of the industrial revolution is a great deal.