It is a commonplace in discussions of environmental economics to consider so-called “negative externalities,” a technical term for the bad or damaging consequences of an activity that affects those outside the realm of economic decision-making.
It is a commonplace in discussions of environmental economics to consider so-called “negative externalities,” a technical term for the bad or damaging consequences of an activity that affects those outside the realm of economic decision-making.
In an Earth Day column last week that was skeptical about the gospel of global warming consensus, Glenn Shaw, a professor of physics at the Geophysical Institute, University of Alaska Fairbanks, expressed hoped that the climate change debate might spark a more comprehensive conversation about humankind’s complex environmental responsibilities.