alt Hacker NewsI felt this was telling:
> The typical golf course covers about a square kilometer. We have 40,000 of them around the world being meticulously maintained. If the same could be said for solar farms we would be almost 10% of the way there.
To me, it's one of many ways in which markets fail to allocate resources to the most pressing problems.
Replies
I don't think its lack of land that is preventing 10% of our energy coming from solar. Do you really believe that without golf courses there, the land would be used for solar instead?
There is no magic hand, only a Tragedy of the Commons and greedy individuals doing whatever. (Federally, there is at present time little-to-no prosecution of fraudsters or tax cheats. Economically, it's basically The Purge.)
Appropriate regulations and enforcement is what is missing but ⅔ of country is brainwashed by billionaires and Fox News that "gubberment bad" and "regulations are communism".
Markets allocate resources based on supply and demand. Individuals don’t demand solutions to diffuse problems. It’s tragedy of the commons every time.