A most odd view of markets:
New ‘gas guzzling’ cars should be banned across the European Union, the former head of Shell has said.
Sir Mark Moody-Stuart said the sale of new cars which do less than 35 miles per gallon (mpg) should be outlawed for environmental reasons.
The hilarious thing is that he thinks this is a market solution:
Sir Mark, who is currently chairman of the mining group Anglo American, said his years in industry had taught him that the market would provide solutions if governments demanded them through tough legislation.
The point being of course that a legislative solution is not a market solution.
5 responses so far ↓
1 JuliaM // Feb 4, 2008 at 10:38 am
“Sir Mark said the rich should not escape their responsibility to tackle climate change: “It is a social thing. We don’t say the wealthy can avoid doing what is needed by society.”
Yeah, Al Gore is doing his bit, eh, Sir Mark…?
2 Serf // Feb 4, 2008 at 12:22 pm
Say I want to buy a Ferrari (ok I’m being hypothetical) to park in my drive and make me feel good about myself. I will drive it once a month, to impress the ladies. My petrol consumption will be far less than many smaller engined cars. Yet I am the devil incarnate?
Bansturbation is for people who are too intellectually challenged to think.
As a chairman of a huge company, I am sure his spending and therefore carbon footprint is huge. But no doubt he does not have an interest in matters automotive, so he wants them banned…
3 dearieme // Feb 4, 2008 at 1:17 pm
Sir Mark has always been a bit of an arse.
4 Kay Tie // Feb 4, 2008 at 3:26 pm
He should get a little green USB-powered button to put his computer to sleep to reduce carbon emissions.
5 Of Interest « Thoughts on Freedom // Mar 30, 2008 at 8:47 am
[...] ex-head of Shell wants all cars that fail to run at more than 35 miles to the gallon banned. Shame he didn’t think of that during his 39 years at [...]
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