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by cryptoz
3306 days ago
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Yes we do need government intervention to innovate and solve this climate problem. The free market does not work here because the actual, real cost of greenhouse gas emissions is not correctly adjusted. The runaway warming effect is going to cost enormous sums of money to solve and will cost us dearly in life, ecosystems, and global stability. Corporations have long shown that they are not interested in truth, or sustainable profits, or people's health, or the environment. In fact, due to lack of government intervention, corporations like Exxon spread harmful propaganda that decreases the public's awareness about critical issues like climate change. Collective action is important because this is otherwise a failure of humanity to recognize a tragedy of the commons. We need to collectively agree to solve the problem, through governments, because otherwise individual actors like states and corporations will increase their own wealth through greed at the expense of others. |
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Besides all the jobs and other economic factors that would disadvantage the US on a global scale if they agreed to the accord, we just have to look to Germany - a country that is following the standards put in place by the accord - to see what the consequences would be. They pay more than 3x per kWh for electricity than the US. This might be something that the middle class and up could afford, but this would unfairly target the poor and in poorer countries would cause death and suffering. This alone is reason enough to look for better solutions.