Re:U.S. Exits Paris Climate Accord
by he0001 on Wednesday November 04, 2020 @08:13AM
(#24988679)
Isn’t this something that’s up to the companies that put their production there to decide?
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Re:U.S. Exits Paris Climate Accord
by noworriesnate on Wednesday November 04, 2020 @08:21AM
(#24988734)
No, because companies that want to employ Americans can't compete with companies that want to employ Chinese, because it costs less to employ Chinese.
In other words there are externalities (polluting the global environment) that aren't priced into the cost of labor when you're comparing the two countries. Tariffs and similar things can help price in that externality.