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Could we ever temporarily freeze development to protect the environment?

Some day, whole world determine to stop developing and lead a low consuming life like freezed and try to give time to recover the environment... is that possible?

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    Jun 12 2013: I don't think we need to freeze it but how we do it to protect our environment. Many at times we are busy building industries but what are we doing to protect the environment from the emittance of the industries? People dispose them in lakes,rivers and sees. we keep cutting down trees and not planting and the ozone layer is destroyed.We need to come up with ways of bringing development that is also friendly to the environment and also ways to conserve and not destroy it.
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      Jun 12 2013: Thank you for answering! yes, we need new ways to develop... there's a problem: many developed countries make a lot of effort to reduce the harm to environment, meanwhile in developing countries people still keep destroying everythings around them.

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