There are lots of good nuggets in this Wired article on getting business to internalize the costs of environmental damage. Here’s my favorite:

“Socialism collapsed because it did not allow the market to tell the economic truth. Capitalism may collapse because it does not allow the market to tell the ecological truth.” - Oystein (Exxon’s former vice president for Norway and the North Sea)

Check out the article. All the sound bites you want on development in China and India, too.

Related Posts:

• Tata unveils its new Nano (January, 2008)
• eastasia is the new black (October, 2005)
• The Fourth Screen (May, 2008)
• White House Seeks New Bad Guy (October, 2005)
• China-Congo Lovefest (September, 2007)

This entry was posted on Wednesday, March 22nd, 2006 at 1:01 pm and is filed under doomsaying, economics, fuck you big oil, technology. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.