Author Topic: The Trudeau Brand  (Read 91102 times)

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Offline Queefer Sutherland

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Re: The Trudeau Brand
« Reply #1275 on: June 01, 2021, 11:16:38 pm »
What about the fiscal irresponsibility of not accounting for the harm our economy does to our planets natural capital?

What planet do economists think our economy comes from?

Tragedy of the commons.  https://www.britannica.com/science/tragedy-of-the-commons

If nobody owns the air, oceans, lakes etc. then people will just use it even damaging it to maximize their use of it because it costs them little short-term while benefiting in profit.

The problem with carbon taxes etc is that the countries you compete with need to have them too otherwise you're just putting yourself at an economic disadvantage if it costs companies in your country more money to produce and sell goods/services.  If goods from country A cost more than goods from country B because country A has a carbon tax people won't buy or buy less from country A.  So here we are.  Very hard problem to solve, especially since climate agreements can't really be enforced.
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