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> A globally coordinated reduction in production only increases the price of products for consumers. Which is great. Higher prices = less usage. We don't have
by p1necone 4y ago
> A globally coordinated reduction in production only increases the price of products for consumers.
Which is great. Higher prices = less usage.
We don't have to eradicate them entirely before we see any benefit.
- missedthecue 4y agoIt depends on demand elasticity. Products with very little demand elasticity like energy or medicine just make everyone miserable and worse off when production is cut, because you can't live without them. Yes you can scrimp and save and stretch your dollar, but at the end of the day you have to pay up no matter the price. I'm not sure that anyone knows what the demand elasticity for an industrial chemical like PFAS is, but it's obviously not a completely discretionary item.
- adrianN 4y agoEnergy has a lot of demand elasticity, it just takes a few years for demand to catch up with price changes. See for example how fuel efficiency changed during the oil crisis a few decades ago. Or how building insulation changes with rising energy prices.
- dsfyu404ed 4y ago>Which is great. Higher prices = less usage. Don't lie to us by not mentioning the tradeoffs. Reduced standards of living = less spare f-s to give about abstract big picture issues (like pollution and climate change).
- triceratops 4y agoWho knows? Maybe better health = more spare f-s to give about abstract big picture issues.