Comment by orzig
14 hours ago
He literally writes:
“Regulation obviously has a critical role in protecting people and the environment”
and then quantifies “a mindblowing $40m/year in healthcare costs” and a total of “about $400M” in societal cost from one delay, mostly borne by the public.
In that context, the line you are reacting to is just one item in a long list:
“We’ve also spent untold millions on regulatory affairs at all levels of government, not to mention the missed acceleration in sales”
He even says,
“What pains me most is the 5 years of lost carbon removal and pollutant reduction”
So the piece is not “regulations bad, profits good.” It is: regulations are essential, but the current process is generating huge public harms by slowing down tech whose whole purpose is to reduce pollution.
Maybe he’s wrong on any given point, but he’s clearly trying to describe the utilitarian trade-offs in good faith
> regulations are essential, but the current process is generating huge public harms by slowing down tech whose whole purpose is to reduce pollution.
I hear this with a call to action of "we need to deregulate to help reduce pollution". And not the real call to action in that "these regulations need an overhaul". The title of "over-regulations" and the general tone seems to place the issue as an obstacle to be eliminated, not a system to be corrected.
That's my big problem with the article.