Re:Timing: Why this crisis is our biggest break
by puzzle-out on Monday November 17, 2008 @05:25AM
(#366756)
There is a pressing need for entrepreneurial thinking into social and environmental problems - social entrepreneurs like Tim Smit of the Eden Project think the financial crisis could be a huge opportunity for social enterprise. In terms of measuring impact, I think we need a new form of accountancy, which rates social and environmental impact as importantly as financial impact.
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Re:Timing: Why this crisis is our biggest break
by anamax on Monday November 17, 2008 @09:07AM
(#366860)
> In terms of measuring impact, I think we need a new form of accountancy, which rates social and environmental impact as importantly as financial impact.
That assumes that the "social and environmental impact" are going to be measured honestly and not just used as an excuse for control.
For example, even if you believe all of the AGW stuff, the "account for environmental costs" tax is around $2/ton of carbon. http://www.sciencedirect.com/science?_ob=ArticleURL&_udi...
That's a large pile of money, but it isn't going to have the "side effects" that the AGW people want. Those will require much higher taxes on "bad" things. So they'll have to either give up on the rant against said bad things or go with "sin carbon" taxes, which pretty much proves that they're not interested in carbon but sin.