Lawrence Summers served as secretary of the Treasury in the Clinton administration and as director of the National Economic Council in the Obama administration. He has been quoted as giving the following defense of the economic approach:
There is nothing morally unattractive about saying: We need to analyze which way of spending money on health care will produce more benefit and which less, and using our money as efficiently as we can. I don't think there is anything immoral about seeking to achieve environmental benefits at the lowest possible costs.
Would it be more ethical to reduce pollution without worrying about the cost or by taking the cost into account? Briefly explain.