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Thanks for your perspective. I think cost is interesting, because the cost of conventional building with air conditioning and heating doesn't seem to factor the

by spraak 8y ago

Thanks for your perspective. I think cost is interesting, because the cost of conventional building with air conditioning and heating doesn't seem to factor the long term earth or environmental cost. My suspicion is that these actually cost a lot more to maintain if cost to the earth and long term natural resources is accounted for. But I'm just speculating so far.

eesmith 8y ago
Yes, the price of fossil fuel use does not include the full impact costs. The IMF report at http://www.imf.org/external/pubs/ft/wp/2015/wp15105.pdf http://www.imf.org/external/pubs/ft/wp/2015/wp15105.pdf estimates: > Post-tax energy subsidies are dramatically higher than previously estimated—$4.9 trillion (6.5 percent of global GDP) in 2013, and projected to reach $5.3 trillion (6.5 percent of global GDP) in 2015. Secondary articles on the topic at https://www.pri.org/stories/2015-06-07/imf-true-cost-fossil-fuels-53-trillion-year https://www.pri.org/stories/2015-06-07/imf-true-cost-fossil-... and http://priceofoil.org/fossil-fuel-subsidies/ http://priceofoil.org/fossil-fuel-subsidies/ . That's about $800/person for the world's population.