this post was submitted on 15 May 2024
134 points (98.6% liked)

World News

32068 readers
1092 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] solo@kbin.earth 5 points 4 months ago* (last edited 4 months ago) (1 children)

Obviously I don't see this as good news because I can't see how ecology and capitalism can work together, unless it is greenwashing. Environmentalism/ecology/etc want sustainability, capitalism is all about eternal growth of the business, and I don't see corporations and other financial entities changing their business model? Do you?

[–] Cryophilia@lemmy.world 0 points 2 months ago

Capitalism is helping destroy fossil fuels. Solar and hydro electricity is cheaper than fossil fuels.

Government subsidies - interference with he capitalist market - are propping up the oil industry (and the meat industry, while we're at it).

Properly regulated capitalism is perfectly capable of fixing the climate crisis. Ecology and capitalism work together when going green is cheaper than using fossil fuels.