Science finally catching up with what I've been raving about for years.
From the article:
"At $190 a ton, the utility industry averaged damages more than twice its profits. Materials manufacturing, energy and transportation industries all had average damages that exceeded their profits."
There is no profit when we account for negative externalities -- all of capitalism is premised on an accounting lie that doesn't work if, you know, we *actually account* for the pollution. Capitalist economics have always been premised on destroying our biosphere for free.
If you can't destroy the biosphere by using it as your own free cesspool -- you can't profit.
It's fucking physics. Balance the equations.
#climate #ClimateCrisis #Accounting #economics
https://apnews.com/article/climate-change-carbon-corporations-damage-pollution-9cb9e7c9feb2a68cb6dc0ae99c5e943a
Leftist Lawyer /
npub1v7…05j80
2024-05-07 12:51:56
Author Public Key
npub1v7x9jq0k4tqdk405d2t94cuf7cl97fxyeu55dags8a2wf8lwucrs905j80Published at
2024-05-07 12:51:56Event JSON
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"content": "Science finally catching up with what I've been raving about for years. \n\nFrom the article:\n\n\"At $190 a ton, the utility industry averaged damages more than twice its profits. Materials manufacturing, energy and transportation industries all had average damages that exceeded their profits.\"\n\nThere is no profit when we account for negative externalities -- all of capitalism is premised on an accounting lie that doesn't work if, you know, we *actually account* for the pollution. Capitalist economics have always been premised on destroying our biosphere for free. \n\nIf you can't destroy the biosphere by using it as your own free cesspool -- you can't profit. \n\nIt's fucking physics. Balance the equations.\n\n#climate #ClimateCrisis #Accounting #economics \n\nhttps://apnews.com/article/climate-change-carbon-corporations-damage-pollution-9cb9e7c9feb2a68cb6dc0ae99c5e943a",
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