Sustainability of production and consumption is one of the
key principles of sustainable development. It is a foundation of
knowledge-based economic development that increases added economic value while
reducing the consumption of natural resources and energy. In this article, John David Kaweske explores sustainable production and use of products and services
in a manner that is socially beneficial, economically viable and
environmentally benign over their whole life cycle. John David Kaweske is
founder and CEO of Bio Clean Energy, a producer of Biodiesel and a company
which invests in the clean energy sector.
Sustainable consumption is defined as the use of services
and products that meet basic needs and demands for a better quality of life,
while minimizing the consumption of natural resources, the discharge of toxic
materials, emissions and waste so that future generations are not compromised.
The problem of energy security and stability is a cardinal
issue throughout the world economic, business and social system. Connection of
the energy sector with the competitiveness of the country’s economy leads to a
willingness to go beyond the importance of the fight for sustainable
development and survival for the sake of profit.
