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The existence of cap and trade and emissions trading schemes prove there's greater interest in profiting off climate change than mitigating the effects.
by infamouscow 3y ago
The existence of cap and trade and emissions trading schemes prove there's greater interest in profiting off climate change than mitigating the effects.
- beej71 3y agoAcid rain was so-mitigated, was it not?
- klipklop 3y agoThe irony is that fixing the acid rain situation actually started to make the planet hotter with less sulfur in the upper atmosphere.
- rssoconnor 3y agoParadoxically, a refusal to "put a monetary value on life" means that life is often undervalued. Ross Shachter relates an experience with a government agency that commissioned a study on removing asbestos from schools. The decision analysts performing the study assumed a particular dollar value for the life of a school-age child, and argued that the rational choice under that assumption was to remove the asbestos. The agency, morally outraged at the idea of setting the value of a life, rejected the report out of hand. It then decided against asbestos removal — implicitly asserting a lower value for the life of a child than that assigned by the analysts. -- Russell and Norvig, Artificial Intelligence: A Modern Approach, 4th US ed. Removing schemes like cap and trade or Pigouvian carbon taxes because money is involved is a great way to end up doing nothing about carbon emissions.