> As one example, one state agency has asked Revoy to do certified engine testing to prove that the Revoy doesn’t increase emissions of semi trucks. And that Revoy must do this certification across every single truck engine family. It costs $100,000 per certification and there are more than 270 engine families for the 9 engines that our initial partners use. That’s $27,000,000 for this one regulatory item. And keep in mind that this is to certify that a device—whose sole reason for existence is to cut pollution by >90%, and which has demonstrably done so across nearly 100,000 miles of testing and operations—is not increasing the emissions of the truck. It’s a complete waste of money for everyone.

Wild - whoever did this should lose their job.

Edison Motors, a manufacturer of hybrid and electric semi and other trucks in Canada, is currently battling regulation. They have a series of videos on their Youtube channel going over what's been taking place.

Everyone should read or at least be familiar with Joseph Tainter and his research on societal collapse.

> “It is suggested that the increased costs of sociopolitical evolution frequently reach a point of diminishing marginal returns. This is to say that the benefit/investment ratio of sociopolitical complexity follows the marginal product curve… After a certain point, increased investments in complexity fail to yield proportionately increasing returns. Marginal returns decline and marginal costs rise. Complexity as a strategy becomes increasingly costly, and yields decreasing marginal benefits.”

Government regulation and intervention are one such contributor to complexity, and as Michael Huemer demonstrates in his paper In Praise of Passivity we are akin to medieval doctors administering medical procedures on society that are more likely to cause harm than create benefits.

It's fairly clear to me that our civilization is in decline, and it pains me to no end to see people push for more regulation and government intervention. "The patient is getting sicker, we need to let more blood! Fetch me more leaches!"

The good news is that collapse, as Tainter puts it, isn't necessarily a bad thing. It's a return to less complexity, and it often brings great benefits to large swathes of people. For example, the collapse of the Roman Empire was beneficial to serfs who would actually welcome raiding parties into their villages.

I was just reading an NYT article about lead battery recyclers in Africa and how their operations are basically unregulated and are poisoning entire towns.

Things going a little slow or costing a little more is very often preferable to the alternative where you begin operations recklessly and negatively impact neighbors, sometimes irreparably.

Meanwhile the established players with connections can break all the laws they want, and pay zero taxes to boot.

I think the problem isn't regulation (which the current admin is aggressively destroying, e.g. with the EPA) so much as corruption - which manifests partly as critical government functions being deliberately starved of resources. Regulatory bodies should get more funding to study and approve new technologies, and there should be more subsidies available for smaller innovators to offset the R&D investments and application waiting periods. That wouldn't be in the interest of big polluters and their captive politicians though.

He described “the missed acceleration in sales” of pumping Liquid Smoke down old oil wells as “a direct hard cost” of the regulatory regime. That tells me all I need to know about our narrator’s intellectual honesty.

I’m open to being convinced that there are better ways of doing things, but despite what half a century of propaganda has been saying, regulations generally aren’t enacted for funsies. They’re there for a reason, specially the reason that in the absence of those regulations, commercial actors were privatizing profit at the expense of society as a whole, and democratic society made a decision to make rules to stop that from happening.