Quote:
Originally Posted by Windguy
We still need both stick and carrot for all companies though to help promote the environmental culture just as well as the Occupational Health and Safety culture has grown. After that the smaller companies or small businesses would probably need a real stick since they would dodge anything with the belief it won't happen to them while the large companies already have statistics of even a death rate per how many man hours worked.
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I reckon that you only need a stick.
Polluting the environment and especially greenhouse pollution of the atmosphere is an externality to any business. A correct price needs to be put on it and businesses need to be charged.
Then the market will fix the problem. And you don't need to regulate for both carrots and sticks which costs to administer.