The world's corporations produce so much climate change pollution, it could eat up about 44% of their profits if they had to pay damages for it, according to a study by economists of nearly 15,000 public companies.
So, 44% of their profits are in fact 100% of our futures? That money didn't come from nowhere. All of us will pay that debt. Reporting needs to start reflecting that, and legislation needs to be enacted to get restitution. Until then, it's all toothless.
(Commented this elsewhere on this article being posted, but I think it's important enough to say again.)
Oh, well. Why shouldn't they have to clean up their own messes? I thought corporations counted as people, people who can be compelled to pick up after themselves. Any money they'd lose is money they should have already been spending on this.
And I hate these arguments. Corporations still choose to produce those things. They could choose not to. Why should they be allowed to do anything just because "people want" something?
This is a very dangerous argument because it infringes the democratic base itself.
It's not necessary wrong, but be careful because with the very same logic you could argue the people don't really know what they want, they aren't able to govern themselves, we, enlightened creatures, should decide the way forward.
Again, it's not necessary false, but it leads to authoritarian and paternalistic consequences