Word: consumptionism
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Of course, Branson has no interest in any solution to global warming that would involve cutting back on the growth of business or, ultimately, consumption. In his own industry, air travel, Branson has pushed for research and development on alternative fuels that could reduce carbon emitted by planes, but he...
In the end, however, the dispute may be for naught, as the French seem to be drifting away from eating horsemeat of their own volition. Consumption of horsemeat in France has fallen steadily over the past two decades and by a whopping 12% since 2007. The 20,000 tons of...
It's been that kind of a year for Lula; even in the middle of the worst global economic crisis in 80 years, everything went right for him. His government lowered interest rates to a level not seen in decades, and foreign reserves rose to a record high. Brazil was...
The Indian market for alcohol - mostly spirits and beer, as well as wine - totaled $14 billion last year, and was one of the fastest-growing alcohol markets in the world. Imports account for only a tiny fraction of that, but with India booming while demand elsewhere stalls, no international beverage...
Wine consumption, meanwhile, is growing much faster than spirits or beer in India, but from a much smaller base. Only about 700,000 cases were sold last year, about 2% of the total alcohol market, but it has benefited hugely from the growth of the middle class, particularly women, for...