I was unaware of the Kuznets Curve until now. It’s an interesting theory, but I don’t see that you’ve cited any empirical evidence supporting it. I agree with you that overall technological advancement is good. However, I also think we need to learn to clean up after ourselves with all the stuff we create and sell.
I’m not really arguing against technological advancement. I’m arguing that it’s probably not wise to cut down the rain forests in Brazil without having a backup plan for oxygen generation. For all the wonders of private enterprise, if we don’t have water to drink, air to breathe and soil upon which to grow our food, we won’t have an economy.
You seem to have noticed the folly of central planning in governments. Yes, people do make mistakes. But I have to wonder, if central planning is so awful, why are so many of the goods we can buy here in the United States, made in China? China is a centrally planned economy if I ever saw one.
And then you mention how the Kyoto policies have increased CO2 emissions. so I searched for that very question. First hit?
According to that study, the results are mixed on income, but there is a definite and measurable reduction of CO2 across the five countries in the study. At least, they are trying.
So in sum, people make mistakes, regardless of whether they work in government or not. And given the enormous mistakes made by private enterprise leading up to the great recession of 2008, I don’t think you can say that business can regulate itself any better than the government.