#6382
Rezwan
Participant

benf wrote: Being more energy efficient in the mean time doesn’t really hurt anything accept maybe some stockholders returns. Car pooling and mass transportation helps the traffic flow. By listening to some of what the environmentalists views are, is the world necessarily worse off?

It doesn’t even need to hurt stockholder returns if they have a diverse portfolio, with both new and old tech covered. Being energy efficient in many cases means using advanced technology, fresher patents, new innovations, more money. You would figure this is an economic win. Actually, it was an “ozone hole denier” who put forth that argument to me. He said the patent for CFC based refrigerators had expired, and this whole ozone thing was a scam to get a new patent on new refrigerants so 3rd world countries couldn’t start making the old fridges and bypassing the 1st world.

Whether or not it was a scam, the continuation of economic activity is the lesson here.