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> Take climate change. If every corporation took a carbon negative stance like Stripe and Microsoft, that would make a big dent in carbon emissions. But then s
by kilotaras 7y ago
> Take climate change. If every corporation took a carbon negative stance like Stripe and Microsoft, that would make a big dent in carbon emissions.
But then some corporation would move away from that, get extra money and eat competition who is more green/moral/etc.
Competitive economy maximizes profits in the space allowed by regulations. That's a feature, not a bug. But it also means that expecting some sectors/inputs to become unfashionable and die out is very close to wishful thinking.
- veeralpatel979 7y agoIn theory, yes. But I don't see Microsoft or Stripe going anywhere soon. They've built many great products and delivered a lot of value to users and displacing them will not be easy. Spending money on lowering climate emissions may help improve their public image, which is a good tradeoff.