2 ms·
Privatize profits. Socialize costs. If you're in international waters, you can destroy whatever you want and even at low marginal return, if you can scale fast
by kurthr 2y ago
Privatize profits. Socialize costs.
If you're in international waters, you can destroy whatever you want and even at low marginal return, if you can scale fast enough the total ROI can be good. The solution to pollution is dilution (of regulatory barriers)!
- refulgentis 2y agoI've been following this for years and am somewhat ambivalent to either outcome. I feel the need to warn anyone reading that this is an overwrought reaction to an overwrought reaction to a, well, very opinionated take. There's a reason why there's 5 papers as refutations, and no one will even go on the record, even just for a news article that'll play well to general public grousing, to even devil's advocate for the original paper I'm glad institutions have and are taking their time with this, to the point we're being steadily brought along, publicly, as we investigate the possibilities and perhaps even discover new things along the way.
- kurthr 2y agoFrankly, I don't have a dog in the fight either. I have to wonder if those writing the refutations do. But frankly, if it is viable, it will be done by one of the majors. Just look at the overfishing problem. Then everyone will just buy from them and ignore the destruction. Like all the other tragedies of the commons, it takes leadership to avoid them (and shame, or at least a desire for truth) that this world does not currently have.