If you learn to see the world the way capital sees it, it makes some sense.
If you tell a chemical company that it can't make X but it doesn't have a factory to make X, they are not going to be so sore about it.
If they've borrowed from the bank to make a factory that makes X and then you tell them they have to shut it down they are going to be a lot more upset. The EPA can't discharge their bank loan, for one thing.
there was a ban on the most wasteful uses of CFC, but the main effect was that people quit building new CFC factories, it took almost two decades to shut those factories down.
If you tell a chemical company that it can't make X but it doesn't have a factory to make X, they are not going to be so sore about it.
If they've borrowed from the bank to make a factory that makes X and then you tell them they have to shut it down they are going to be a lot more upset. The EPA can't discharge their bank loan, for one thing.
In the case of CFCs,
https://en.wikipedia.org/wiki/Chlorofluorocarbon
there was a ban on the most wasteful uses of CFC, but the main effect was that people quit building new CFC factories, it took almost two decades to shut those factories down.