March 15, 2013 - Amy Harkin - HuffingtonPost Green
The sad state of affairs is that neither the Obama administration nor the Congress seems willing to actually tell the truth about our federal budget. Today, one of our biggest financial burdens is environmental debt...
Add together the external costs of coal and oil, and it is well over $1.1 trillion, the annual 2012 United States deficit and the trigger for the sequester. Clearly, environmental debt is already a serious contributor to fiscal instability. And it is never even debated by Congress.
Would you rather pay more for electricity, gas and mass transit infrastructure today or try to rebuild and recover from ever more extreme droughts, hurricanes or wildfires in the future? Guess which will be more expensive and painful? Would you rather pay for sustainably-manufactured gizmos and organically-harvested food or try to clean up chemical spills that destroy whole marine ecosystems or health care costs for cancer, developmental disabilities, and other toxic side effects?... http://www.huffingtonpost.com/amy-larkin/post_4514_b_2883616.html
THERE IS A REVOLUTION BREWING IN THE WORLD OF ACCOUNTING http://sco.lt/4yLGJV