The next commodity to collapse will be mass-marketed environmentalism, says Lawrence Solomon in Friday's Financial Post:
Stock market indexes have plummeted from their inflated peaks. Oil and other commodities have likewise plummeted. The next commodity to tumble from unsustainable peak levels: environmentalism.The economy will always trump environmentalism. When it comes down to it, people will be all for environmentalism - until it affects their pocket books.
In part, I am making this prediction because, in my 30 years as an environmentalist, I have never seen so many governments and so many corporations so profusely espousing so many environmental causes. Where promoting environmentalism was once seen as daring and counter-cultural, today it has become banal, no longer the exclusive preserve of a Body Shop chain, but of every retailer down to Wal-Mart. For the same reason that clothes go out of fashion after the masses embrace them, mass-marketed environmentalism will come to be disdained. That won’t sell for long.
I am predicting a collapse of today’s Wal-Mart environmentalism for another reason, too: Much of it is misguided, based on misunderstanding and vacuity.