How Much Does The Earth Cost
Share
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Earth is invaluable and priceless to us, but if we were able to put a price tag on the planet, just how much would it be?
That’s a difficult question to answer, as it’s impossible to put a monetary value on the planet’s ecosystem, lands, oceans, and air quality. But if we were to use current estimates of natural resources, the answer might surprise you.
At current market prices, the earth’s mineral reserves and other natural resources are estimated to be worth around $1.7 QUADRILLION. That’s about two and a half times the GDP of the U.S., the world’s largest economy.
However, such an estimate does not include the cost of the Earth’s renewable energy sources and non-renewables such as gas, coal, and oil. If those were added into the equation, the cost of the planet would much higher than the initial figure.
The invaluable resources and functions provided by the planet also cannot be put into just a dollar value. The Earth provides us with clean air, water, food, and with climate and weather control. No amount of money can buy these services, and it’s impossible to put a price tag on the ‘ecosystem services’ that the Earth provides.
In conclusion, it is impossible to put a monetary value on the Earth, as it is priceless to us. The planet provides us with so many services that cannot be put into monetary terms. Even if we put the value of the Earth’s mineral reserves into a figure, it would still be difficult to use the number to reflect its true worth.