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The Value of Cultured Meat: An Estimate of the Externality Costs of Meat Consumption.
Whitehouse: They want to be able to pollute without having to pay the externality costs, as an economist would say, of their pollution.
Examples include Unilever's refusal to disclose quarterly performance, Warren Buffet's long-term investment philosophy, the global trend of socially responsible investment, and Puma's inclusion of externality costs through its Environmental Profit and Loss accounts.
The study concludes that green Pakistan scenario employing renewable energy technologies, having minimum operation and externality costs, is the most suitable option in future.
As an economist, I have been a supporter of carbon taxes and high-energy taxes to offset their externality costs, but now I can understand better why some people are opposed to them.
Without considering the externality costs associated with carbon dioxide (CO2) emissions, current BEE standards need to be upgraded to the equivalent level of French RT2005 standard coupled with a properly designed district coal-fired Combined Heat and Power (CHP).
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Distributed generation is intermittent and induces an externality cost to the consumer.
This takes into account the externality cost of CO2 produced and the methane equivalence (cost of green house gasses that is not reflected within market transactions) as well as land degradation (Fiala, 2010).
"But we don't assign to its cost today the externality cost of carbon pollution". The other big question about catalytic hydropyrolysis is whether it can work at a large-enough scale to produce the vast amount of fuel needed at the national level.
Pigouvians will say, "set the tax equal to the negative externality". How much does an externality cost?
This is the minimum externality cost that favors immediate investment in RE than continue using diesel.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com