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Oil and coal hurting economy

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Uploaded by on Feb 4, 2007

prevents innovation

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Howto & Style

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Uploader Comments (davidnode)

  • off the subject a new hair cut nice :) ... and very good points good video.

  • Thank you, glad you thought it was a bit interesting.

  • Corporations are focused on one thing: profit. The only way to get them to change is to make it profitable for them to do something. Through legislation we can make it profitable for them to act a certain way.

  • That would explain a lot of companies resistance to change. Also change is hard, in chemistry its called the activation energy to get the reaction to run. Excellent comment.

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  • Something that's usually unmentioned is that a hundred or more years ago, if a corporation polluted an individual's property, the individual could take it to court and sue for compensation.  As the government has a monopoly on arbitration, they eventually decided big business was more important than property rights in order to compete with other countries. But a system with those property rights actually protected creates a huge incentive to lower pollution, and that incentive no longer exists.

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