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I don’t think this is strictly true. We banned dumping of waste in the ocean even though it remains the “cheapest” way of disposing of toxic waste. Governments
by 542458 5y ago
I don’t think this is strictly true. We banned dumping of waste in the ocean even though it remains the “cheapest” way of disposing of toxic waste.
Governments can make it economic for companies and individuals to behave in more environmentally friendly ways, and will do so when enough political pressure arises (note that since we’re correcting for externalities, this is more economically efficient than letting pollution be “free”). To this end, coming out in favour of climate change action is useful.
- cletus 5y agoIf you think about this, this too is just an economic motive. The cost of non-compliance (fines, prosecution, etc) multiplied by the risk of that happening is less than the cost of compliance, so it happens. People and companies break laws all the time when it's cheaper to do so. I can't help but think of Fight Club [1]. [1]: https://www.youtube.com/watch?v=SiB8GVMNJkE https://www.youtube.com/watch?v=SiB8GVMNJkE