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You could certainly argue that there is a mis-allocation of resources towards the kinds of energy we need to be using. I don't think you can look to the climat
by bhupy 6y ago
You could certainly argue that there is a mis-allocation of resources towards the kinds of energy we need to be using.
I don't think you can look to the climate crises, and then conclude that there is a compete mis-allocation of resources, across ALL industries. That's plainly absurd. We don't have a mis-allocation of resources in the production of food, clothing, appliances, electronics.
Insofar as we have a mis-allocation of resources towards energy sources, it's because externalities are not included in the price of the thing. There is a pretty straightforward way to fix this that does not involve totally shifting the way we allocate all of our other resources...