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There's not much money to be made in fossil fuel phase out either... some, but overall it is a cost. Halting deforestation and reforesting aggressively would be
by api 6y ago
There's not much money to be made in fossil fuel phase out either... some, but overall it is a cost. Halting deforestation and reforesting aggressively would be a lot cheaper at the macroeconomic level.
- beervirus 6y agoGreen energy is big business. There isn’t really a corresponding industry that would profit from halting/reversing deforestation.
- MiroF 6y ago> overall it is a cost What does this mean? Seems like it is a cost from some perspectives and a positive from other perspectives. From the perspective of green businesses, likely a positive. From the perspective of society, removing the negative externality is likely a positive. The only cost it imposes is on those who were previously externalizing their costs on to society.