To truly assess benefit, you must truly assess costs. Solving climate change requires it and we need it.

I have to be honest, I do not understand how we, as a society continue to allow the detrimental impacts of carbon emissions by business to not be costed and reflected in the price of their product or service.  In business, all costs incurred should be considered in determining profit, but the destruction of our health and our climate is currently not being costed.  This subsidization is detrimentally impacting and distorting the efficient operation of the market and we are allowing this to occur which is impacting growth and innovation in the areas that are required.

 

For a more articulate view on this – see the Ted talk by Rebecca Henderson titled ‘To save the climate, we have to reimagine capitalism’.   https://www.ted.com/talks/rebecca_henderson_to_save_the_climate_we_have_to_reimagine_capitalism/transcript

Environment, Sustainability (General)

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