The carbon emissions of industry that generates energy for society illustrates the much larger issue of externalities. Externalities are the waste and by-products of corporations, and they are not legally obliged to factor these into the cost of production of their goods or services. The cost of these externalities are offset to the community, because in theory, the community should have the resources to deal with the externality. Of course this was before we had corporations with economies the size of countries. Externalities can be anything from the toxic chemicals dumped into a river, the destruction of ecosystems, human rights violations from the abuse of cheap labor in third world countries, nuclear waste and of course carbon emissions from coal fired power plants.
Not factoring these externalities into the cost of producing a good or service reduces the cost. This reduction in cost forces the board of a company to take the lowest cost route available because, by law, the corporation is legally obliged to maximise the financial returns to the shareholder.
Even if a board of a corporation agrees that it's is an undesirable course of action, morally wrong or clearly unsustainable environmentally, this fatal flaw in the design of a corporations legal structure prevents even the most environmentally aware directors doing what is right by the earth and ultimatley the human race.
Carbon trading is an attempt to put a cost on the energy industries externality (carbon emissions) so that a cost can be factored into energy production that burns coal. This very focused approach allows the issue of changing the law to force corporations to deal with their externalities, to be avoided. I'm not saying not to apply carbon trading, but this is the very layering of regulation that business complains about. The real issue is how much longer can we continue to destroy the very ecosystem that allows the human race to exist all because we allow this glaringly obvious legal flaw to continue.
Which brings me to slashdot, innocently I came here thinking this is just a web site where nerdy people talk about nerdy things, but it's more, much more. Over the years I saw it building itself into an insidious massive network of connected human nodes who 'must read slashdot'.
I didn't notice at first, when I started reading in the late nineties, it made an interesting alternative to the newspaper or a magazine, at breakfast, or with a hot beverage. I didn't think it would affect me but soon, it became more noticable, like, you could get by without a coffee or a morning tea, but you would'nt be happy about it.
Then, it happened, the shift was so subtle, like trying to recognise a face you think you know,
'must read slashdot'
Oh, no "I'm addicted" I thought. I never realised how wrong I was, it was far worse than addiction. I start posting, and slowly I realised, "I'm inside a hive mind", but had it seen me? I couldn't look away - not because it was beautiful, more like, looking at a accident in slow motion. But the reality was it is more like some small animal looking at the headlights of a truck, and I'm the small animal. I'd stared too long. I thought "borg", but even the borgs assimilation process seemed quick and merciful compared to the slow roasting over flame I'd seen some nodes recieve on slashdot.
i pray to the great superconciousness it doesn't happen to me....wait.I.was.born.a.
i should get a subscription...resist..arrrrggggghhhhh...
must read slashdot.......nooooooooooooooooooooooooooooooooooooo
we are the slashdot..we.are.the.slashdot
You will be assimilated.i.have.been.assimilated
must read slashdot