[zizee]

> But that stifles industry and innovation

Subsidies are what stifles innovation.

I _think_ you are not being sarcastic, but apologies if I am misunderstanding. Allowing industry to externalize costs does not promote innovation. It does the opposite, as offloading those costs to others is effectively subsidizing the behaviour.

[cushpush]

Yes on the sarcasm, you bring up a great point. True "innovation" would take into account the optimal outcome, but sometimes that has to be legislated in. As in many industries where regulation improves outcomes for society.