Great! I like the points about price signals and capitalism. How would you address the mixed economy model where the state tries to incentivize production of biofuels/ electric cars/nuclear energy and help entrepreneurs deal with the costs and risks of a new
venture?
Is it a wise strategy to take the criticisms of eco-socialists and reform the laws to reflect the changing reality? Especially in developing nations where states can take an active role in promoting alternate energy sources and helping entrepreneurs with incentives?
I also presume the solution you suggest may work in an abstract undefined economy but, resources in the Earth are not divided equally in all nations. Case in point, oil restricted to Middle East/Venezuela/Russia, cobalt for e-vehicles in Congo, lithium in Argentina, Bolivia and Chile. How to think about trade in resources that is fair and not weaponized?
Great! I like the points about price signals and capitalism. How would you address the mixed economy model where the state tries to incentivize production of biofuels/ electric cars/nuclear energy and help entrepreneurs deal with the costs and risks of a new
venture?
Is it a wise strategy to take the criticisms of eco-socialists and reform the laws to reflect the changing reality? Especially in developing nations where states can take an active role in promoting alternate energy sources and helping entrepreneurs with incentives?
I also presume the solution you suggest may work in an abstract undefined economy but, resources in the Earth are not divided equally in all nations. Case in point, oil restricted to Middle East/Venezuela/Russia, cobalt for e-vehicles in Congo, lithium in Argentina, Bolivia and Chile. How to think about trade in resources that is fair and not weaponized?