3 ms·
Externalities are not baked into the current price of eg coal power. The fully loaded price should be compared.
by richardw 5y ago
Externalities are not baked into the current price of eg coal power. The fully loaded price should be compared.
- boringg 5y agoExternalities are actually starting to get baked in (depending on jurisdiction) or are essentially getting mandated in by policy (i.e. no coal in-state via political process). For most of North America coal isn't financially viable unless it gets political beneficial treatment - its been losing to natural gas for awhile now. To be fair to your comment though air pollution relating to climate warming has been treated as a tragedy of the commons problem for ever.