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So some company figured out that their business has negative externalities and then they tried their best that nobody else figures this out and does anything ag
by danbruc 4y ago
So some company figured out that their business has negative externalities and then they tried their best that nobody else figures this out and does anything against it so that the profits keep rolling in? Morally bad, sure, unexpected, no. So what is even the point of this? Do we want to say that it would have been the job of Exxon to minimize climate change? As an excuse for government inaction because Exxon tricked them? Do we just want to put a number on how morally bad Exxon is? I am seriously confused what the point of this is.
NOTE: I read the following post [1] which has a duplicate link to this post.
[1] https://news.ycombinator.com/item?id=34366666 https://news.ycombinator.com/item?id=34366666
- ceejayoz 4y agoWe have a term for "outright lying about a product to improve sales"; it's "fraud".
- warinukraine 4y agoThis. I'm sorry you're "confused". Some times I get confused with morals and legals don't align, but that's not even the case here.
- danbruc 4y agoLet me just accept that they actually did something illegal, fine, they are not only morally wrong but also legally. And now? Do we make them pay a huge fine and climate change is averted? This seems pure distraction to me. Make some unpopular but impactful policy decisions that actually help to improve the situation instead of pointing fingers and changing nothing.
- ceejayoz 4y ago> Do we make them pay a huge fine and climate change is averted? We should make them pay a huge fine even if the damage they did can't be reversed. Perhaps especially if.
- danbruc 4y agoHow much green house gases did Exxon actually release? They produced a lot of oil and gas which comes with some emissions, but you know who actually released the majority of green house gases, you and me. And the industry, but even them really only on our behalves because we wanted them to make stuff for us. So should we not better fine ourselves?
- ceejayoz 4y ago> How much green house gases did Exxon actually release? Plenty, and to Godwin a little, Hitler didn't personally kill any Jews. > you know who actually released the majority of green house gases, you and me And Exxon deliberately took steps to reduce the amount of useful information available to make those decisions.
- danbruc 4y agoI am not saying Exxon did not do bad things, but truth is, consumers are the ones that drove the demand. Even if you make Exxon shut down today, nothing will change, someone will come and fill the gap if the consumer behavior does not change.
- warinukraine 4y agoHolding someone accountable as per the law seems like a distraction to you? Ok, I guess you don't agree with one of the fundamental organizing principles of our society then. Lets just agree to disagree and you can go live in a cave.
- danbruc 4y agoYou are missing my point. I am not saying you should not hold them accountable, I am saying we have a more important problem. We should focus on minimizing the fallout of climate change instead of getting us distracted with a blame game and figuring out the appropriate punishments.
- warinukraine 4y ago> I am not saying you should not hold them accountable You did imply exactly that. > Do we make them pay a huge fine and climate change is averted? This seems pure distraction to me. If holding them accountable is a distraction, that implies we shouldn't be doing it. So yeah, you did kind of say it. I don't really care about fines. I think the people in charge at that time should be investigated, their internal communication, coordination, and fraud should be exposed, and then they should be put in jail for fraud, if they're still alive. You call this a distraction. I call it making a point.
- bigDinosaur 4y agoExxon is hardly 'some company' but I actually don't really understand what your confusion is. This just shows that oil companies knew climate change was real, being caused by their actions, and was serious, decades ago, and so is yet another nail in the coffin of climate denial. It is not a necessary one since the same science was also done outside of oil companies, but it shows how messed up the profit motive is when it comes to protecting future civilisation from the worst of climate change.
- danbruc 4y agoWhat if this is news? We know that they were modeling this for a long time. We know that goals of companies are not always well aligned with what is best for mankind. This is my confusion, I don't see what this really adds to the discussion.
- TheOtherHobbes 4y agoCorporations don't get a magical exemption from being responsible for harm. Smoking, asbestos, lead in petrol, and opiates have all been punished with huge payouts. [1] Climate catastrophe is no different. [1] The payouts could have been bigger - much bigger. But the principle stands.
- danbruc 4y agoExxon did not cause climate change, consumers consuming the oil they extracted did. And as far as I know we were not forced to consume that oil, were we? Did they try to mislead people about the consequences so that they are less likely to reduce their oil consumption, sure. But it is ridiculousness to suggest that if only Exxon had not tried to mislead us, then we would have been aware of the consequences, stopped using oil, and climate change would have been averted.
- forgetfulness 4y agoIt doesn't add anything new to those who are already aware that Exxon conducted these studies, and have the expectation that this is normal behavior to work around when dealing with businesses, small or large. Not everyone holds knowledge of this (say, people who may have recently started reading Hacker News), and not everyone would come to the conclusion that this is just something to accept and move on. For instance, shareholders are suing Exxon for not being made aware of this.
- forgetfulness 4y agoPutting a number on how morally bad an entity is has a lot of merit when it's a so close to the paperclip maximizer thought experiment that horrifies tech people, on how an artificial entity devoid of conventional morals could fulfill its objectives in a way that destroys the world. Turns out that, as science fiction often does, it's an exploration of worries pertaining modern society in a fantastic setting... though the authors may not have realized it this time around. https://www.lesswrong.com/tag/paperclip-maximizer https://www.lesswrong.com/tag/paperclip-maximizer This serves as a pretty damned good cautionary tale, this breaks most scales of "morally bad" behavior that can be expected of companies.
- cromulent 4y agoFor me, this is interesting because Exxon have subsequently funded think tanks and other methods of contesting climate science, resulting in people believing that "the science isn't settled" and mocking those who would work against AGW as "alarmists". For example, the Heartland Institute. Now it would seem that people who may have been trying to restrict action against AGW (in good faith), may have been fooled. https://en.wikipedia.org/wiki/Heartland_Institute https://en.wikipedia.org/wiki/Heartland_Institute
- naasking 4y ago> So what is even the point of this? Do we want to say that it would have been the job of Exxon to minimize climate change? Others have pointed out the obvious things, but I'll point out something maybe not so obvious. Corporations are legal fictions we created to benefit society. There is precedent establishing that they have a legal obligation to serve their shareholder' interests, but what if those interests conflict with national or society-wide interests? That legal fiction is no longer serving us but acting to our collective detriment. I'm not aware of any precedent that balances these competing interests, but I hope someone can bring a suit with standing to create some precedent here, because these sorts of incentives are what drives a lot unethical, psychotic corporate behaviour.
- danbruc 4y agoThat is the job of politics and the state, isn't it? They define and enforce the rules which will or will not make the goals of companies aligned with those of the society. And it is the people that decide - ideally - who is in charge and what policies they create.
- naasking 4y agoMaybe in the typical case where downstream effects are unclear, but if a company is considering a direction where the obligation is clear as day, like that it could lead to the eventual destruction of that society as with climate change, I'm pretty sure we could skip that step and require corporations to factor that kind of thing into their calculations. We're programmers here right? We want systems with direct feedback loops, preferably as short as possible, to achieve some objective as efficiently as possible. Routing back through the government for cases of clear fault doesn't add anything except unnecessary overhead and obfuscation. I understand there can be murky lines here, but it's clear that a legal obligation to only consider immediate shareholder value is a little too unbalanced given the original objectives behind establishing corporations.
- danbruc 4y agoBefore you can try to achieve an objective, you need one. So here the trouble already starts, different people have different objectives and some are contradictory. Not even everyone will agree that avoiding human extinction is a desirable goal. So we need some policy to resolve conflicts and weigh objectives. And people have to agree on this policy. If they don't we need some policy that everyone agrees with to find a policy that we then use. And this might repeat for some number of levels until we arrive at something that is accepted by all or at least most. And then you need the mechanisms to learn peoples objectives, and mechanisms to enforce policies, and mechanisms to avoid exploitations of policies, ... When you are saying, we could just skip those steps, that is essentially just some kind of dictatorship - no judgment implied - you pick some policy to save the planet and declare that is what we do now. All, who agree with your objectives, have a good chance of seeing a better outcome than if we just used our gigantic machinery, but others might judge the outcome as worse as they have different objectives. And who decides when we can bypass the normal machinery? Would we not need a policy for that? It always seems so tempting and easy, just do the right thing, but upon closer inspection, often the right thing is just what you think, the right thing is.
- kodyo 4y agoIf they accurately predicted the state of the 2020s climate in the 1970s, the government scientists should be embarrassed.
- kodyo 4y agoThe positive outcomes of using fossil fuels for generating energy have vastly outweighed the negatives, and will continue to do so. I acknowledge that my opinion depends on a definition of "positive" that reflects my belief that we should make life better for humans.
- forgetfulness 4y agoWell I imagine you will lead a successful coup in your country to become a dictator and instate the wildly unpopular measures that will make life better for the human climate refugees, all those people displaced by faltering agricultural output, infrastructure damage and the resulting civil conflict as droughts become longer and weather phenomena more destructive, or temperatures render their places of living outright uninhabitable. Not on the table? Then maybe you should reconsider what that belief entails.
- kodyo 4y agoYou're projecting. I have no desire to govern other people or in any way restrict their ability to do what they think is best for themselves. That's what climate alarmists do. Deaths from natural disasters have been dramatically decreasing for decades. The number of people we can feed on less land has been increasing for decades. The ability of humans to move resources from one place to another has been increasing for centuries. Some people choose to live in warm and dry places rather than cold and damp places. You discount the ability of the planet to respond to feedback and achieve balance, and the ability of humans to adapt. You don't even need international cabals of authoritarian collectivists to live a happy life.
- forgetfulness 4y agoWould you prefer to keep them outside your borders or let them in if push comes to shove, and poor countries can't adapt? Or is suddenly "they are poor but happy" an acceptable imagined outcome for you, despite your belief that fossil fuels will keep ushering this era of prosperity so using them is morally the right choice?