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Elon acknowledges market externalities in that interview to justify government intrusion in the free market to price in the cost of carbon and pollution. But h
by cromwellian 6y ago
Elon acknowledges market externalities in that interview to justify government intrusion in the free market to price in the cost of carbon and pollution.
But he doesn’t seem to realize there are other externalities to price in: worker health, education, etc
One of the reasons CA developed as a hot bed of activity was the college system here which provided a ready supply of educated skilled workforce. That’s been supplemented in recent years with people moving here but the genesis started with the great colleges.
Once you admit there are negative externalities that the government has to force companies to “price in” to meet human goals (eg slowing climate change) you can’t just turn around and be a hyper libertarian on every other issue.
Musk is smart enough to extend his reasoning from the environment to other factors.
Indeed environmental regulations are slowing down Gigaberlin, if he were to whine about government required environmental impact reports, he’d be a hypocrite for example.
- iamcreasy 6y agoThis is a good argument. I wish the interviewer brought it up.