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GOP state taxpayers on the hook for $200M toxic waste cleanup
Posted by: sekker
Date: April 07, 2021 03:33PM
Florida environmental mess.

Yes, I am sure the cost of my food is less due to lower costs of fertilizer because the company that made it did not cover the cost of its toxic waste it produced.

But somehow, in the world of 'corporations are people', why aren't the shareholders of same company held liable? Instead, it's the citizens of Florida that are potentially poisoned and pay the cleanup bill.

Sorry, this issue is not technological (despite the title) - it really IS political. If the investors in the phosphorus fertilizer company had to pay for the total cost of their product, maybe the market would have provided innovative solutions.

Instead, those first investors took their profit and ran, holding the public with the bag.

[www.theverge.com]
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Re: GOP state taxpayers on the hook for $200M toxic waste cleanup
Posted by: Acer
Date: April 07, 2021 05:10PM
Capitalize the profits, socialize the losses.
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Re: GOP state taxpayers on the hook for $200M toxic waste cleanup
Posted by: anonymouse1
Date: April 07, 2021 09:23PM
This. 1000% this.

Quote
Acer
Capitalize the profits, socialize the losses.
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Re: GOP state taxpayers on the hook for $200M toxic waste cleanup
Posted by: Ammo
Date: April 07, 2021 10:09PM
Quote
anonymouse1
This. 1000% this.

Quote
Acer
Capitalize the profits, socialize the losses.

It’s the same thing they did in Texas, right? Only it’s not only Texans that will pay for it. I live in a different state and just found out my gas bill will be higher than usual until my local utility recoups their higher cost of gas it incurred during the fiasco there this winter.



Where is there dignity unless there is also honesty? - Cicero

Be kind, for everyone you meet is fighting a battle you know nothing about. —Wendy Mass
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Re: GOP state taxpayers on the hook for $200M toxic waste cleanup
Posted by: Filliam H. Muffman
Date: April 08, 2021 10:31AM
Anybody want to bet that this doesn't end up eventually costing taxpayers 10x as much, with part of the money being funneled into a state/national candidate's Dark Money fund...



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