Earlier quoted context omitted.
> It’s very hard to understand why the current administration has such an urge to roll back environmental regulations. No, it's very easy. Environmental regulations cost money. Lots of money. It's much more profitable to keep these externalities.
> ”Environmental regulations cost money. Lots of money.” That’s a narrow-minded view. Sure, environmental regulations cost oil and gas companies money. But this fails to consider the external costs to society: increased healthcare costs and reduced life expectancy due to air and water pollution, future costs of global heating including property damage to coastal cities from rising sea levels, agricultural regions bec…
And guess who is making donations, hiring nephews, and making up parts of portfolios. What the parent was saying is that externalities don't matter to these people because we don't value externalities as a society.