We've often examined the debate over which is greener, buying local or buying fair trade (or organic, or seasonal...). Typically each has their own pros and cons depending on situation. A new infographic from Ethical Ocean lays out the deets, including the economic benefits of local and organic. The text is a bit tight (or flat out illegible) so we recommend you check out the super-sized version on Ethical Ocean's website.
Some key points include:
- Buying fair trade is a $4b industry worldwide, and $2b industry in the US.
- 73% of money spent on local goods is reinvested in the community, while only 10% of money spent at major chain stores makes it back into the local economy.
- Items like coffee, bananas, tea and sugar generate far more profit for producers when sold as fair trade products internationally rather than sold locally.
via Ethical Ocean - eco friendly products, fair trade and vegan shopping.
It's a very interesting infographic (though more info than graphic) and well worth reading over.
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