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I expect that the comment above was referring to the negative externalities, not captured by the financial side. For example, having more free time is probably
by ocfnash 4y ago
I expect that the comment above was referring to the negative externalities, not captured by the financial side.
For example, having more free time is probably not adequate compensation for the greenhouse gases emitted (at the societal level at least).
- danuker 4y ago> not captured by the financial side. The EU has emissions caps. Each year fewer and fewer carbon emissions rights are auctioned out. https://ec.europa.eu/clima/eu-action/eu-emissions-trading-system-eu-ets/emissions-cap-and-allowances_en https://ec.europa.eu/clima/eu-action/eu-emissions-trading-sy... Maybe it doesn't yet reflect the externalities on the environment. But it eventually will. The 2030 target is set so that the EU becomes climate-neutral. https://ec.europa.eu/clima/eu-action/climate-strategies-targets/2030-climate-energy-framework_en https://ec.europa.eu/clima/eu-action/climate-strategies-targ... Until that time, I'll take the plane whenever I feel like it.
- deleted 4y ago[deleted]