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Number9, you know what would trigger worldwide crisis? Polluting the seas to the point where they can no longer yield enough food for all of us. Polluting the skies so asthma and other respiratory diseases become epidemic. Disrupting climate so that agricultural yields become erratic.
What will not trigger a financial crisis is placing a value on the systems we depend on to absorb our pollution. This allows markets to respond and cleaner technologies to flourish, which will trigger an episode of investment and innovation that will result in net wealth, not crisis.
Continuing to pollute as if the planet is infinite is what will trigger crisis. Why are you afraid of a market solution? Energy prices have been subsidized by ignoring the costs of their waste for too long. It is only dirty energy that will rise in cost, and that will just make efficiency and clean energy competitive.
Mr. Swartz, if you could debate issues and ideas instead of launching personal attacks, I'm sure you would.
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