Re:3M to end 'forever chemicals' output at cost of up to $2.3B
by jahnu on Wednesday December 21, 2022 @02:03AM
(#34077543)
These companies often know quite well there is a huge cost they are offloading on others. Evidence for this is seen in the huge sums spent on lobbying and politics in general.
Re:3M to end 'forever chemicals' output at cost of up to $2.3B
by flownoon on Wednesday December 21, 2022 @02:17AM
(#34077618)
This essay suggests that the amounts spent on lobbying are not in fact huge sums: https://slatestarcodex.com/2019/09/18/too-much-dark-money-in...
Just another in the long list of coordination problems where it is hard to arrive at the pareto-optimal solution given human selfishness and our lack of omniscience.