2 ms·
> The price is a proxy for materials and energy required to produce the product. Maybe for commodities, but in general that isn't true.
by criddell 2y ago
> The price is a proxy for materials and energy required to produce the product.
Maybe for commodities, but in general that isn't true.
- bko 2y agoI think in general it's true but not for every case. If I can produce something that provides the same benefit at a lower expense I can undercut you. This fact actually drives de materialization that has led to things like simpler packaging and a reduction in emissions in the US and other industrialized countries over the last 30 years (both absolute and per capita) https://ourworldindata.org/co2-emissions https://ourworldindata.org/co2-emissions