Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ilaine who wrote (7170)	8/15/2001 10:43:20 AM
From: Moominoid	Read Replies (1) of 74559

Cutting local air pollution is beneficial to people within a country and so sooner or later governments do something about it. There are treaties already for transboundary pollution - mainly acid rain - from US to Canada, from Western and Eastern Europe to Scandinavia etc. US didn't care about damage in Canada. Canadians complained and an agreement was reached. Ditto in Europe. Chinese pollution falling on Japan is now a current issue. Global warming is like the next level. Here the effects of each country's actions affect everyone on the globe equally. Classic market failure as the costs of them reducing on their own which only they bear are weighed against the benefits split among all the world. And anyway some competitor might move in and pollute more in case. So here some treaty is necessary unless all countries were to suddenly become altruistic.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next