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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Bearcatbob who wrote (185410)8/26/2014 1:28:10 PM
From: Biomaven1 Recommendation

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research1234

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I'm not talking about the birds, the delta smelts and the whatever turtles - every large-scale method of energy production is going to have extraneous issues like that. I have no patience for the folks that attempt to use minor stuff like that to delay or block projects.

I'm talking about significant externalities with real economic cost to others. Look at the smog in China - only now are they acknowledging that their lack of regulation of emissions is causing significant harm. That's what happens if you simply let "the market" regulate electricity production. The same for the food supply - would you feed your dog Chinese dogfood? I know I wouldn't. The few companies that cut corners have harmed the whole industry. The same has happened with Indian generic drug manufacturers.

Peter
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