I’m rather fond of this pair of axioms regarding the rule of law:
For a law to bind anyone, it must protect everyone.
For a law to protect anyone, it must bind everyone.
I see many of our modern problems as being rooted in laws and systems which neither protect nor bind everyone equally.
I can understand your desire for markets to handle things, but I don’t think the global climate can be handled that way. Cap and trade means businesses get to shift their fossil emissions around while pretending they’re helping. We already see this with companies which buy land that’s already lush with old growth, then pretend like not clear-cutting it represents a reduction in carbon emissions equivalent to having planted all those trees. Giving corporate bad actors any opportunity to scam their way out of responsibility is the wrong approach.
I’m rather fond of this pair of axioms regarding the rule of law:
I see many of our modern problems as being rooted in laws and systems which neither protect nor bind everyone equally.
I can understand your desire for markets to handle things, but I don’t think the global climate can be handled that way. Cap and trade means businesses get to shift their fossil emissions around while pretending they’re helping. We already see this with companies which buy land that’s already lush with old growth, then pretend like not clear-cutting it represents a reduction in carbon emissions equivalent to having planted all those trees. Giving corporate bad actors any opportunity to scam their way out of responsibility is the wrong approach.