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> And if we apply that logic to every industry, we end up driving people's standards of living back centuries. That assumes that the only way to reduce CO2 is
by 542354234235 6y ago
> And if we apply that logic to every industry, we end up driving people's standards of living back centuries.
That assumes that the only way to reduce CO2 is to halt the industry, and that is not true for most industries. The problem is that most industries have no cost associated with CO2 emissions. So they have no profit incentive to reduce those emissions. Simply adding in the full cost of operation, including CO2, would drive industry to innovate more efficient technology, reduce CO2 waste, and yes, some industries would be revealed as being too costly in CO2 production to be viable at the current levels of use.
There are many industrial processed that are horribly inefficient and wasteful, but the cost of that inefficiency is not paid by the company, so switching would only hurt profit margins. Any company competing would be at a massive price disadvantage. If the full cost fell on the company, consumers would quickly buy products and services that used efficient tech and reduced waste, because those would be the cheaper options.
Most industries are not CO2 producers because it is required to maintain that standard of living. I pay for my garbage to be collected and properly disposed of, but if I could just dump it in my neighbor’s yard for free, I could save money. Forcing me to pay for it myself keeps us all from having our yard filled with garbage.