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CO2 and NO2 emissions are an externalized cost for Oil&Gas industry. If I run a nuclear power business commissioning power plants I am responsible for the nucl
by DoingIsLearning 4y ago
CO2 and NO2 emissions are an externalized cost for Oil&Gas industry.
If I run a nuclear power business commissioning power plants I am responsible for the nuclear waste that is generated. That means that I have to internalize the cost of proper waste management to avoid environmental impact.
If I run an Automotive business or a Refinery the emissions are a by-product of my activity. A costumer wants to go from A to B in a car they don't want to spew NO2 and physically reduce the longevity of everyone around them.
For anything related to fossil fuels the industry has largely got away with externalizing the environmental costs of their activity.
This is exactly the same as the plastic usage in packaging. Polluting saves on the industry bottom line, the externalized cost is somehow expected to be picked up by governments/citizens. This is the main point were we all disagree with you.