this post was submitted on 18 Aug 2023
453 points (97.1% liked)

World News

32088 readers
975 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
 

America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

you are viewing a single comment's thread
view the rest of the comments
[–] bstix@feddit.dk 1 points 1 year ago

One point of view could be that since these billionaires are the ones financially benefitting from the companies, that they should also be the ones paying the true cost of the production.

It's true that the consumers are consuming, but why are the companies making products without cleaning up after their production? Why are billionaires allowed to extract money out of this and leave the environment in an irreparable state.

Consumers would probably prefer that their money went to the product including all the associated costs of producing it, but consumers don't get that choice, because the company owners extract the money for themselves.