Here at 2GreenEnergy, we talk a great deal about “externalities,” a term economists use to mean costs or benefits (usually costs) that affect a third party not directly involved in an economic activity. The first thing that comes to mind …
Tag: the fossil fuels industry is immensely profitable
The Costs of Oil Are Higher than They Appear
Tagged with: an important externality of Big Oil is war, costs or benefits that affects a third party not directly involved in an economic activity, externalities, the fossil fuels industry is able to use the Earth's atmosphere as their own private sewer, the fossil fuels industry is immensely profitable, U.S. defense budget is nearing $1 trillion annually, we destroy anyone or anything that may impede ExxonMobil and the rest from accessing oil anywhere in the world
