>EPA is now allowing asbestos back into manufacturing Wow, misleading headline of the decade. Asbestos was never completely banned from manufacturing in the United States, only for certain items. https://www.epa.gov/asbestos/us-federal-bans-asbestos https://en.wikipedia.org/wiki/Asbestos_and_the_law_(United_S...
yes. that's right. it was the proliferation of costly lawsuits in recent decades which diminished the use of asbestos in the US. companies are still trying to resolve all of these lawsuits. what kind of incentives would need to be in place for a company to willingly put that lawsuit target on its own back?
Right now, in many cases, if a factory is dumping toxic sludge into a river and they're within EPA limits, there's nothing anybody can do to stop it.
If you allowed farmers downstream to come after them for damaging crops (or whatever), or allowed class action suits against coal-burning power companies for cancer and such, imagine what that might do to incentive structures.
I'm not sure I buy it, but the asbestos case makes me wonder.