ruveyn wrote:
phil777 wrote:
Isn't that what those mining and oil companies are doing when they screw up? Leaving an ecological mess that takes millions for their (local) government to clean up? =/
That is right. The Oil companies and their ilk have been treating their damage as externalities. They should be compelled to pay for the damage they do. If that were done the true price of oil that includes the environmental damage would make alternative energy sources more economical.
ruveyn
I say Georgist Taxation would solve the problem.
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?We must not look at goblin men,
We must not buy their fruits:
Who knows upon what soil they fed
Their hungry thirsty roots??
http://jakobvirgil.blogspot.com/