Hidden costs of energy: Unpriced consequences of energy production and use
Source: JournalistsResource.org- Read more about Hidden costs of energy: Unpriced consequences of energy production and use
- Log in to post comments
In economics, the word externality refers to costs or benefits of a good or service not reflected in its price. For example, making gasoline requires petroleum extraction, transportation, and refinement; driving creates pollution, noise and congestion. These in turn cause health and environmental damage.