Select the search type
  • Site
  • Web
Search

The natural world. Looking pretty for 3.5b years.

External to What?

An externality is a cost not transmitted through a product's price to a consumer. It should be.

Author: Hugh Bollinger/Sunday, March 10, 2013/Categories: sustainability, environment, Archive Pick of the Week

Externalities are just that, external to an analysis or model. They shouldn't be.

An externality is a cost that is not transmitted through a product's price to a consumer. In the case of environmental externalities, effects such as air and water pollution, species extinction, and loss of soils, they are all negative. They are now becoming central to how best to control carbon pollution proactively and effectively.


Shi-Ling Hsu is an instructor at Florida State University and an expert in environmental and natural resource law, climate change, and economics. He has taken a big step forward with his book: The Case for a Carbon Tax in addressing the existential externality of carbon pollution and the lack of its proper pricing. In a post from his law school, Hsu summarizes the points he believes would move us forward to an:

Effective Climate Policy, The Case for a Carbon Tax




Economics and product pricing models may not be at the top of your reading list but you should be interested in their external affects on environmental sustainability.

WHB
Print

Number of views (5905)/Comments (0)

Please login or register to post comments.

Name:
Email:
Subject:
Message:
x
Stewart Brand: Mammoths resurrected, geoengineering, and other potential futures Friday, January 5, 20180

Stewart Brand: Mammoths resurrected, geoengineering, and other potential futures

Imagine 'global greening' and other environmental potentials.
Global Temperature Anomalies Thursday, January 4, 20180

Global Temperature Anomalies

Hot & Cold temperatures.

Cyclone Bomb, Grayson Wednesday, January 3, 20180

Cyclone Bomb, Grayson

A super-cold, super-storm is developing.

A Gift of Gratitude Monday, January 1, 20180

A Gift of Gratitude

A new year of gratitude to pass along.

Patagonia and Sustainability Sunday, December 31, 20170

Patagonia and Sustainability

Patagonia shows how to apply sustainability in business practice.
Biomimicry Grows Up Friday, December 29, 20170

Biomimicry Grows Up

The future of biomimicry is here.

Climbing the Wolf's Tooth Thursday, December 28, 20170

Climbing the Wolf's Tooth

A dispatch from Antarctica.

Repairing Cars and Environments Wednesday, December 27, 20170

Repairing Cars and Environments

You can learn a lot about land restoration by looking under a car's "bonnet".
On The Roof Of The World Tuesday, December 26, 20170

On The Roof Of The World

Airglow over Tibet.

Compassion...a new meaning Monday, December 25, 20170

Compassion...a new meaning

Mindfulness and living in this world.

Where Good Ideas Come From Friday, December 22, 20170

Where Good Ideas Come From

A clever storyteller suggests an answer.

in vino veritas Thursday, December 21, 20170

in vino veritas

A perfect example of blending art & science....making wine!

Where the Buffaloes Roamed Wednesday, December 20, 20171

Where the Buffaloes Roamed

Bison were rescued with the first wildlife restoration effort.

Once Extinct, Almost Extinct, Now Back Monday, December 18, 20170

Once Extinct, Almost Extinct, Now Back

Animation can tell a more complex story way than is expected.

Coral Recovery? Saturday, December 16, 20170

Coral Recovery?

If scalable, coral reef restoration opportunities exist.

Bottled Arctic Notes Friday, December 15, 20170

Bottled Arctic Notes

A bottled note tossed to the waves recovered years later.

Be Nice To Nerds Wednesday, December 13, 20170

Be Nice To Nerds

Exploring DARPA's creative research approach.

Mountain Day...Every Day Tuesday, December 12, 20170

Mountain Day...Every Day

Time to celebrate mountains every day.