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wordpad | 3 days ago

It's not just for politics but fairness. You can't just one day up and decide to make something illegal that others depending on for livelyhood. It's good enough that it limits growth of the banned thing.

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ryandrake|3 days ago

Sure you can. It just takes backbone, which is rarely found in the political class.

If I, as a voter, voted for a politician who promised to ban dumping mercury in the local river, I don't expect them to say "Oh, but any company already dumping mercury in the river can keep doing so, because we don't want to hurt people's livelihood." That's not what I voted for.

MoltenMan|3 days ago

Ok, but if you are investing capital in some sort of production line or industrialization you are not going to want to do that in an area where you might just lose your entire investment instantly; instead, you're just going to invest it in Texas or China. Of course with more extreme examples like yours you do have to put some cost on the existing companies to get it fixed, but it would be something with a smaller cost like having to dispose of the mercury properly (whereas in this article's examples they just flat out ban these things, which you can't do to existing factories).