Distributed thinking isn't rational even if the actors are, it all depends on the rules of the game. For example, the optimal strategy in a prisonner's dilemma

Distributed thinking isn't rational even if the actors are, it all depends on the rules of the game. For example, the optimal strategy in a prisonner's dilemma hurts both players; tragedies of the commons have similar effects at a larger scale. There is no objective standard saying how much future discounting is rational, although obviously I'd prefer one that doesn't discount significantly until after one or two lifetimes. Burning the stuff now is a perfect example of future discounting: it values having energy now over having something that can be used and reused. It's also an example of tragedy of the commons: the energy utility goes to whoever uses it, climate change is a cost for everyone, and unregulated markets don't minimise those costs.