Re: climate change times are a changin'
Um, you route the smokestacks into the ventilation system that feeds into the company's boardroom, right?
Pollution is literally the textbook example of a negative externality. If company X is spewing sulfur dioxide which is causing acid rain 3 states away on homeowner Y's property, that's a negative cost that will not be reflected in the price of company X's goods. Guess how we correct for that market failure?
Um, you route the smokestacks into the ventilation system that feeds into the company's boardroom, right?