Quote:
Originally Posted by sendler
The free market system will never do what is right for the planet. Would you invest in a project that promises to payback big time in 150 years? It is up to World Councils through Science to chart the course.
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Your argument is clearly false, because the free market often does "what is right for the planet", unless you believe that replacing whale oil with electric lighting was wrong for the planet.
Your ROI of 150 years is also absurd, because many "green" technologies have much shorter payback periods. Solar electricity can have a payback of 10-20 years. It's mostly a free market that is adopting these changes.
World councils would be comprised of self-interested people like Trump and Clinton, which would be a disaster. Besides that, no world council will ever tell me what car to drive or what lightbulb to use.
Scientists are good at making observations, not making policy. They don't know the economic impact of anything they might propose.
The opposite statement, that the free market always does what is right for the planet is also false. We clearly need regulation to protect us from
The Tragedy of the Commons.
My point is that "always" or "never" statements are rarely true.