Since 1988, 71% of all the world CO₂ have been produced
by just 100 companies
Their operations are largely to
blame for the climate crisis we now face.
A crisis that costs the world economy roughly 4.7 trillion
in medical and social costs every year.
Can you guess who’s paying for it?
This is’What If,’
and here’s what would happen if companies had to
pay to pollute the earth.
You might be thinking thatcompanies already do pay to pollute.
With the effects of climate changebecoming increasingly more noticeable,
more countries are implementingpolicies like the polluter pays principle.
The polluter paysprinciple basically says
that companies have to pay to fix the environmental damages they cause.
In order words, you break it, you buy it
but this isn’t happening
The U.S. Environmental ProtectionAgency even admits that
certain environmental standardsaren’t fully implemented in U.S. law.
So if companies arepaying for their pollution,
those payments are probably subsidized.
In fact，in 2015
the world’s biggest fossil fuel companies
received combined 5.3 trillion in subsidies
Meanwhile, you and your neighbors help pay for
more than 90 % of the cost of recycling.
So why do you keep paying to fix the planet
when companies are getting paid to pollute?
In 2008, the combined environmental impact of companies around the world
was $2.2 trillion in damages
That’s a higher figure than every national economy, except for 10 countries.
Two years later, the United Nationsbacked a study investigating
how much it would cost companies to pay for their pollution in full.
In short, they would loseone third of their profits.
but would that be a bad thing?
At first, maybe.
The cost for most products you use on the daily basis would skyrocket
since business were trying to recruit their losses by rising prices
But in the spirit of competition,companies would probably try to
seize market share by innovating,adopting greener strategies and lowering their prices
Some companies have alreadylaunched initiatives
to reduce their carbon footprint.
例如 像苹果 脸书 谷歌和宜家等
For example, Apple,Facebook, Google and Ikea
are among 156 companies that havecommitted to 100% renewable power.
Even oil and gas companies, like Shell
are turning to green energy,
with Shell recently announcing that it was investing $ 1.7 billion in wind power.
Of course, this comes after recent findings
that fossil fuel companies risk wasting
over 2 trillion dollars on dirty projectsthat might prove worthless.
For example, as the electric car becomes
more efficient, affordable and eco-friendly,
it’ll be a more popularchoice amongst consumers,
while big gas guzzlerswill be left on the lot.
As more companies embrace renewable solutions
like wind or solar power,
the price of these systems woulddecrease
making clean energy, a reasonable choice
not just for companies, but for families too.
Your roof might actually earn you some money
by selling power back to the grid.
so while a lot of corporations continue to invade paying for their pollution,
progress is being made.
From companies changing their business practices
to whole countries, like France,
switching to 100% recycled plastic by 2025
Reports about climate changeare always scary,
but remember, we cando something about it.
A perfect world doesn’t onlyhave to exist on’What If,’
but you can count on us to show you what one looks like.