Good to be back.
I have always wanted to share some ideas on economic costs and how our everyday action, however trivial it may seem, impact this by using simple-to-understand language. Let me try.
Imagine the office light(s) that we leave on today, intentionally or otherwise. It may cost the office very little in electricity bill and very well cost us 'nothing'. Or is it?
The fact is that there is a cost to the economy. One unit of electricity needs to be produced to light up the bulb. And to produce that one unit of electricity, more than one unit of resource/raw material needs to be extracted (e.g. fossil fuel such as gas, coal, etc). When the resource is getting scarer, the cost to produce that one unit of electricity will inevitably have to go up and we end up paying MORE. So, if we do not consume that one unit of electricity, the resource to produce that unit can stay underground for the next person. Isn't this GREEN?
I urge everyone of us to consider twice before ordering another can of drink or extra plate of rice. We do our part today and our children will get to enjoy more of this planet that we share.
Stay healthy and waste NOT.