4 ms·
A much more reasonable first guess would be "the desire to increase the next-quarter earnings of industries which make political contributions." Which is the ma
by scaramanga 4y ago
A much more reasonable first guess would be "the desire to increase the next-quarter earnings of industries which make political contributions." Which is the main driving force of all public investment. If politicians can take advantage of climate chaos and put it down as part of their "climate bullshit, whatever" policies then they can get a larger pay day, so why not?
Here in Korea for example, they are building out the worlds most dangerous fission reactors because domestic heavy industry, concrete companies, and so on are extracting very good earnings from that. Meanwhile, Korea is the leader in offshore wind (but only to export to other countries, and it's all manufactured in Thailand) presumably the lack of interest in the Korean government in stimulating domestic demand, and the cheap labour in Thailand are factors, along with oil prices, in why it is so cost-effective.
A belief in the free market would lead us to expect that eventually the green options would become just as corrupt and be able to hold the world hostage and capture policymakers, but it does not seem to have happened yet, maybe there is just a lead time for industries to develop their capacities for political corruption?