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Maybe instead of the labor being too expensive, the raw materials, including energy, are too cheap.
by morsch 7y ago
Maybe instead of the labor being too expensive, the raw materials, including energy, are too cheap.
- TeMPOraL 7y agoAgreed. It's the reason #16238 for instituting a carbon tax, and all those reasons are essentially the same: internalizing externalities. If, after accounting for full environmental impact, it turns out that replacing is still cheaper than repairing, then all is fine because the price correctly signals that it is better. In reality though, I'd expect that under carbon taxing, repair would be the better choice.
- RandomGenerated 7y ago> including energy, are too cheap EU is probably the whole top 20 in electricity prices, so not sure what you're about