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Mottainai (もったいない, 勿体無い) is a Japanese term meaning "a sense of regret concerning waste when the intrinsic value of an object or resource is not properly utilized." The expression "Mottainai!" can be uttered alone as an exclamation when something useful, such as food or time, is wasted. In addition to its primary sense of "wasteful," the word is also used to mean "impious; irreverent" or "more than one deserves."
-Buddhist philosophy, originated in Japan./
-Kenyan environmentalist, Wangari Maathai, who was awarded the Nobel Peace Prize in 2004, has promoted the concept of mottainai as a term that is roughly equivalent to the English phrase "Reduce, Reuse, Recycle." The term is more closely equivalent to the English phrase "What a waste"
If you're brave enough to read about this nutty creature, here's a good read