Every step of the clothing life cycle creates potential environmental and occupational hazards, leaving a significant environmental footprint. Perhaps not the first industry that springs to mind as a major consumer of fossil fuels is the fashion industry. However, petrochemical materials from many of the same oil and gas companies that are responsible for greenhouse gas emissions are largely used in modern textiles. The fashion industry is the second biggest polluter in the world just after the oil and gas industry. In fact, around 10% of the world’s global carbon emissions result from the fashion industry, more than those emitted by international flights and shipping combined.
Despite Republican opposition and a marathon debate, the Senate has passed a climate and tax bill- the Inflation Reduction Act. This legislation will make the most significant federal investment in history to counter the toll of climate change, lower the cost of prescription drugs, and revamp portions of the tax code to make it more equitable.
First published June 7th, 2022
First Published April 19th, 2022
YB's Deep Dive Into Pharmaceuticals & YB Tools That Can Help