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Views : 8,157
Genre: News & Politics
Date of upload: Apr 26, 2024 ^^
Rating : 4.791 (48/870 LTDR)
94.77% of the users lieked the video!!
5.23% of the users dislieked the video!!
User score: 92.16- Overwhelmingly Positive
RYD date created : 2024-07-05T05:24:24.337363Z
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Top Comments of this video!! :3
There are two major assumptions being made in your argument. The first is that private companies and individuals will pursue the best solutions when there are commercially more advantageous ones available.
The second is that government should be restrictive. If we allowed government departments more freedom to innovate and speculate rather than require tighter budgets then they could focus on bringing the best and most sustainable solutions rather than the commercially profitable ones.
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I disagree to some extent, the private market can have too much of a short term focus and will base its decisions based on investment returns rather than ecological goals. Investments, subsidies and penalties help to direct the market towards performing a common good. Ecological harm is essentially a free rider problem where a negative externality isn’t paid for by the party that caused it. In order to remedy that, governments have to introduce policies to mitigate its effects. The free market won’t necessarily take care of that externality on its own.
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@benjaminbrewer2569
2 months ago
Small ponds, micro dams, regenerative farming and landscaping, and create micro climates that encourage the biotic pump.
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