Do you think that Governement intervention is a good way to implement Sustainability?
Starting conversation on Facebook
HawaiianEDventure:
- In this blog, Ecogeek, there is a nice conversation about the Hawaiian law which required new building to install solar panel ! Is it abuse? A trampoline action? Hopeless? …etc
You might have your own opinion, but do you have any arguments ? Don’t be afraid to share them, cause like it is said in the movie “thank you for Smoking” when you have a solid argument you are never wrong !!! Plus, your comments will open different ways of looking at the subject !
For me I would state that government once helped in the great depression (New Deal)… Indeed, politician and economist had recognized the power of John Maynard Keynes theory, who simply said that government is here to help and stabilize eco when needed !!! Our eco definitely needs help and stabilization!!! Remember that it is a personal argunment and not necessarily truth !!!
Jules Ung:
It’s so contraversial as to whether government intervention is required to encourage innovation in renewable energy and sustainable practices. However, when public utilities (such as the electric grid) are regulated by government, it then becomes the government’s responsibility to correct and imbalances in the market.
The way forward seems to be capitalism with a conscience – people, planet, and profit. There is no stronger incentive than a free market to foster innovation, and efficiency.
HawaiianEDventure:
Very good point ! Market does foster better innovations through competition. However, a market will grow only if there are large profit incentives. Right now the cost of going “sustainable” is too expensive to build a market competitive enough to work by itself. Therefore, government could act as a great stimulator and regulator for the “green Market” ! just as a reminder, laws gave birth to capitalism (to protect ownership …); more laws could permit Capitalism to Sustain itself (Transparency, Social and environmental obligation). Like one song said: “Without justice there will be no peace”.
To be continued !!!
Aloha
