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The market has ignored the problem for over 50 years, while stripping the government of its capacity to regulate effectively. Many people are pessimistic its go

The market has ignored the problem for over 50 years, while stripping the government of its capacity to regulate effectively. Many people are pessimistic its going to suddenly, spontaneously fix itself.

dr_dshiv 2y ago
Half of the world’s largest companies have committed to net zero. Maybe there is more nuance than you are describing? https://zerotracker.net/analysis/new-analysis-half-of-worlds-largest-companies-are-committed-to-net-zero# https://zerotracker.net/analysis/new-analysis-half-of-worlds...
- atoav 2y ago
  Within their corp? Or throughout their whole supply chain + peripherals? Is their cleaning contractor also net zero? With promises like these the devil is in the details. You could have one true in spirit net zero company on the one side and another net zero shell company that has 1000 crazy polluting sub-contractors. Given the fact that many big corps can't even prevent child and slave labor within their supply chain, I have to say I believe it when I see it.
  - dr_dshiv 2y ago
    I think the lack of child labor is a great example of the market working pretty well — and getting better over time. Perfect is the enemy of the good and all that.
    - fnordian_slip 2y ago
      >I think the lack of child labor is a great example of the market working pretty well[...] This is a rather unique perspective, I think. Maybe I'm missing something, but isn't the decline of child labor mostly due to laws? I'd say the constant stream of child labor scandals implies that the market is a force opposing the protection of children more often than not.
      - dr_dshiv 2y ago
        The data seem to suggest that the reduction in child labor is due to increased wealth and prosperity. I’m not saying regulations aren’t important—they are. But markets increase wealth — and wealth reduces child labor and increases concern for the environment. https://ourworldindata.org/child-labor https://ourworldindata.org/child-labor
- arrosenberg 2y ago
  Thats just a “commitment” - not in any sense an achievement. That its only half, at this late hour, rudely betrays how badly the market is failing to solve this problem.

dr_dshiv 2y ago

Half of the world’s largest companies have committed to net zero. Maybe there is more nuance than you are describing? https://zerotracker.net/analysis/new-analysis-half-of-worlds-largest-companies-are-committed-to-net-zero# https://zerotracker.net/analysis/new-analysis-half-of-worlds...

atoav 2y ago
Within their corp? Or throughout their whole supply chain + peripherals? Is their cleaning contractor also net zero? With promises like these the devil is in the details. You could have one true in spirit net zero company on the one side and another net zero shell company that has 1000 crazy polluting sub-contractors. Given the fact that many big corps can't even prevent child and slave labor within their supply chain, I have to say I believe it when I see it.
- dr_dshiv 2y ago
  I think the lack of child labor is a great example of the market working pretty well — and getting better over time. Perfect is the enemy of the good and all that.
  - fnordian_slip 2y ago
    >I think the lack of child labor is a great example of the market working pretty well[...] This is a rather unique perspective, I think. Maybe I'm missing something, but isn't the decline of child labor mostly due to laws? I'd say the constant stream of child labor scandals implies that the market is a force opposing the protection of children more often than not.
    - dr_dshiv 2y ago
      The data seem to suggest that the reduction in child labor is due to increased wealth and prosperity. I’m not saying regulations aren’t important—they are. But markets increase wealth — and wealth reduces child labor and increases concern for the environment. https://ourworldindata.org/child-labor https://ourworldindata.org/child-labor
arrosenberg 2y ago
Thats just a “commitment” - not in any sense an achievement. That its only half, at this late hour, rudely betrays how badly the market is failing to solve this problem.