Paul Wermer, CC BY-NC-SA 4.0Just one more example of how #MarketForces obstruct rapid #ClimateAction. Clumsy #mandates on production won't work if demand issues aren't also addressed.
The #market solves one problem (and often does a poor job on that): optimizing return on investment. All benefits and damages are incidental. So why do we let the #market reign in domains where damages are essential to the profits (fossil fuels, anyone?)?
And how do we get a discussion on how to evolve the economic systems so we get the benefits of the marketplace (innovative products, greater productivity) while avoiding the serious negatives - externalized cost in all the varied and damaging forms? To implement essential infrastructure improvements (e.g. charging infrastructure or expanded electrical grid, healthcare systems) which don't necessarily make the profit targets of the investors funding the market without significant negatives?