The regulatory bureaucracy is a real hurdle. Even if you want to comply with the regulations, navigating the regulatory bureaucracy is a killer. Super slow, super expensive, quite opaque, somewhat arbitrary, and highly punitive.
Even if the bureaucracy didn't exist and everyone voluntarily followed the regulations, you could not run a globally cost competitive business without some sort of subsidy when competing with places where rampant pollution is allowed.
It's a real problem without an obvious long term solution that I am aware of.
Even if the bureaucracy didn't exist and everyone voluntarily followed the regulations, you could not run a globally cost competitive business without some sort of subsidy when competing with places where rampant pollution is allowed.
It's a real problem without an obvious long term solution that I am aware of.