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Eco-nomics, The hidden costs of consumption
Joe, an average consumer, spends $25,000 annually on goods and consumes $100,000 worth of natural resources, but he only pays the direct retail costs and is unaware of the various hidden environmental, health, and security costs associated with production and transportation. These hidden costs—which include pollution cleanup, resource depletion, subsidies, and climate change impacts—add up to over $1 trillion annually for U.S. consumers. The document urges people to reduce their consumption, support sustainable businesses, and make more informed choices to limit these hidden costs that will otherwise be passed on to future generations.
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Introduction to Joe's average consumer experience and his yearly spending on goods and energy.
Exploring the hidden costs of everyday products and their environmental impact.
Discussion of the cumulative hidden costs across the U.S. consumer market.
Illustrating the long-term implications of ignoring hidden costs, affecting future generations.
Strategies for consumers to limit impact, reduce consumption, and make eco-conscious choices.
Encouragement to consider impacts and support sustainable practices.
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Eco-nomics, The hidden costs of consumption
- 1. eco nomics uncovering thehidden costs of everyday consumption ?
- 2.
- 3.
- 4. trying to makethe right choices...
- 5. for his family...
- 6. and his pocketbook.
- 7. in a singleyear, joe will spend $25,000 on consumer goods and energy
- 8. and consume $100,000 worth of natural resources.
- 9. joe pays for theproducts he uses...
- 10. but is hepaying the of consumption ?
- 11. what about the costs?
- 12. costs from pollution &contaminants
- 13. costs from disaster andpollution cleanup & lost natural resources
- 14. costs for oil &agribusiness subsidies
- 15. military costs for energy & food security
- 16. what would the truecost of products be...
- 17. if their pricetags reflected the costs?
- 18. gasoline the cost of filling up retail cost $43.73 hidden costs total cost $232.11 what’s hidden? environmental, healthcare, subsidies, security, and other traffic-related costs
- 19.
- 20. plastic kid’s toy retail cost made in china $1.99 hidden costs total cost $3.94 what’s hidden? environmental costs for the oil needed to ship the toy
- 21. cheeseburger retail cost the hidden cost of beef $1.99 hidden costs total cost $3.00 what’s hidden? environmental costs from the production of beef
- 22. bottled water retail cost the true cost of convenience $2.50 hidden costs total cost $5.23 what’s hidden? environmental costs from the use of oil to produce and ship the plastic bottles
- 23. home electricity retail cost a month’s supply $351 hidden costs total cost $784 what’s hidden? environmental costs from the use of coal power
- 24. in a nationof 304 million...
- 25.
- 26. $1.69 trillion hidden costs $513 billion annual U.S. consumption of gas
- 27. $338 billion annual U.S. consumption of goods made in china $330 billion hidden costs
- 28. $38 billion hidden costs $75 billion annual U.S. consumption of beef
- 29. $5 billion annual U.S.consumption of bottled water $5.45 billion hidden costs
- 30. $451 billion hiddencosts $370 billion annual U.S consumption of electricity
- 31. for the sakeof convenience or a lower pricetag today...
- 32. we’ve avoided paying the costs.
- 33. so... who will pay our debt?
- 34.
- 35.
- 36. and higher taxes to payfor environmental cleanup, government subsidies, and food & oil security.
- 37. and we haven’t evenmentioned the things you can’t put a pricetag on...
- 38. depletion of naturalresources global warming lower quality of life animal & plant extinctions
- 39. so what’s an averageJoe to do?
- 40. limit your impact. reduce your consumption (buy used, borrow, grow your own food) eat less meat walk or bike instead of driving
- 41. vote with yourdollars. support eco-conscious businesses and products buy food from farmers’ markets shop local to reduce transportation and shipping costs
- 42. spread awareness. talkto your family & friends about the hidden costs of consumption teach your kids to consume less encourage your employer to be more eco-conscious
- 43. your everyday choices make a difference.
- 44. think about the costs
- 45. and make nomical choices.
- 46. for your family...
- 47. and your pocketbook.
- 49. don’t forget tovote for us on slideshare! for more information, visit www.mindsalt.net