How Lucky Do You Feel?

Option 2: Regulate it

Allows for greater potential investment than private firms

1) The federal government has trillions of dollars as its disposal

2) They are highly unlikely to run out of funds or fail if they do not turn a profit, unlike private firms

3) This capital allows the government prioritize maxing environmental good rather than making a profit

Private Companies Will go the most profitable route

1) Private companies have already proven that they will choose fossil fuels because they are more profitable in the short term. There is no reason to believe that they would build green infrastructure without regulation

2) Profitability may be a bad thing. Several theorists have argued that dematerialization is necessary to end the climate crisis

3) Some important energy measures, like building green infrastructure and limiting carbon emissions, would not be part of private plans

Research and development

1) The green new deal sets aside nearly a $100 million for research annually

2) This research may not be profitable, but it is necessary

3) Current green tech measures and technology are insufficient to end the climate crisis, research is necessary