In recent news, Google has put forth a proposal known as the "Web Environment Integrity Explainer", authored by four of its engineers. On the surface, it
Is it though? I mean yeah the incentives aren’t perfectly aligned but to me it looks like we’re heading to the right direction anyways. It’s just the slow pace that’s the issue. In Finland we’re setting up so many wind turbines that the price of electricity drops to negative from time to time.
Because the whole problem essentially boils down to “if it is individually cheaper for everyone to dump their waste into the river, instead of properly processing it, then that is what is the individually rational thing to do, even if in the end everyone loses far more on it”. It’s washing time and effort on competition, resulting in worse long term results, instead of cooperating together for a better final output.
That’s because you’re well off in the international context. If you lived in an exploited country where life has been getting worse by many metrics for generations, you probably wouldn’t feel like we’re “moving in the right direction.” Most of Europe and America has benefited from the imperialism of global capitalism.
Africa has benefited from it aswell. They skipped landlines and went straight to mobile phones and they’re for the most part going to skip burning coal aswell and just put up solar panels and wind turbines.
Is it though? I mean yeah the incentives aren’t perfectly aligned but to me it looks like we’re heading to the right direction anyways. It’s just the slow pace that’s the issue. In Finland we’re setting up so many wind turbines that the price of electricity drops to negative from time to time.
Because the whole problem essentially boils down to “if it is individually cheaper for everyone to dump their waste into the river, instead of properly processing it, then that is what is the individually rational thing to do, even if in the end everyone loses far more on it”. It’s washing time and effort on competition, resulting in worse long term results, instead of cooperating together for a better final output.
That’s because you’re well off in the international context. If you lived in an exploited country where life has been getting worse by many metrics for generations, you probably wouldn’t feel like we’re “moving in the right direction.” Most of Europe and America has benefited from the imperialism of global capitalism.
Africa has benefited from it aswell. They skipped landlines and went straight to mobile phones and they’re for the most part going to skip burning coal aswell and just put up solar panels and wind turbines.