Ned Holt

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“Sure, I’m willing to pay another dollar per ounce for copper and palladium, just as long as I can still buy a car this year.” Instead, you shop around for a better deal on a car. The copper and palladium middlemen and car manufacturers know how you feel, and they pressure the mining companies into keeping their prices down. That makes it hard for a mining company to pass on its cleanup costs.
Collapse: How Societies Choose to Fail or Succeed
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