Not exact matches
«When it comes to things like employee incentives, we're definitely part of this larger macroeconomic shift that's taking place — where there's
less money being spent on
material goods, and more money being spent on experiences.
The packaging of consumer
goods impacts the environment, so we employ efforts to use the minimal amount of packaging necessary while maintaining food safety and quality, and work with suppliers to find new solutions to use
less packaging or
materials that are recycled or recyclable.
If the prices of my
materials goes up and the new price means the
goods won't sell for that much then it's me who has to come up with a lower price not the shops they won't take any
less markup not matter what.
And now Suh has turned his attention to the question of efficiency — producing more
goods with
less materials and waste — to examine whether it might provide a natural way out of such pollution.
Material goods costing money also tend to bring
less happiness than experiences, which tend to take more time than money.
We have and consume twice as many
material goods than we collectively did 50 years ago, but statistically we are much
less happy.
After all, studies do show that experiences (and
less debt) make people happier than
material goods.
In the long run, much of the economic growth of developed economies is likely to involve
less energy - intensive sectors because of demand - side factors such as 1) the amount of stuff people can physically manage is limited (even with rented storage space), 2) migration to areas where the weather is more moderate will continue, 3) increased urbanization and population density reduces energy consumption per capita, 4) there is a lot of running room to decrease the energy consumption of our electronic devices (e.g., switching to clockless microprocessors, not that I'm predicting that specific innovation), 5) telecommunication will substitute for transportation on the margin, 6) cheaper and better data acquisition and processing will enable
less wasteful routing and warehousing of
material goods, and 7) aging populations will eventually reduce the total amount (local plus distant) of travel per person per year.
Part of this shift has meant that high - emissions activities, such as the production of raw
materials and intermediate
goods, are moving from rapidly developing countries like China and India to
lesser developed countries like Bangladesh and Vietnam, a move that could have serious consequences for the success of the Paris agreement.
A global shift away from a Linear Economy (take, make, dispose) toward the Circular Economy (make, use, return) will ensure that manufacturers and designers create
goods, clothes, packaging, and
materials that do
less damage to the earth.
With the repair and resale of old
goods, everyone wins: Jobs are offered to those with low social - economic status;
goods are sold at reasonable prices; raw
materials are saved; the City spends
less money collecting and sorting trash.