this post was submitted on 20 Jul 2023
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Huh? How do you explain the ban on ozone-depleting gasses? How do you explain carbon trading?
Of course climate change can be addressed under capitalism. It just canβt be addresses without regulation.
The Montreal Protocol passed because the CFCs industry failed to lobby Reagan against the to be against Protocol. They assumed Reagan would be on their side.
Big oil saw what happened to that industry and lobbied a crap ton. Now just about everyone in the government is sponsored by them.
Capitalism didn't ban ozone depleting gases. It invented them.
The only reason we successfully banned CFCs, is because the more environmentally friendly replacement was cheaper.
If the motivations for fighting climate change (or any problem, really) don't align with the profit motive of the affected corporations, nothing will be done.