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It's not even close. Each air passenger on a fuel-powered plane generates the equivalent environmental externalities of an entire electric train...or more. Mar
by gamblor956 3y ago
It's not even close. Each air passenger on a fuel-powered plane generates the equivalent environmental externalities of an entire electric train...or more.
Market pricing is not an indicator of the cost of externalities; it is an indicator of the cost of internalities. They're called "externalities" precisely because they're not represented in the price curve.
- wyager 3y agoThe electrical consumption of the train is most likely not its largest externality-source. The largest cost might be wasted human life-hours, which used to be more or less correctly internalized but now (due to these flight bans) is not. Your second paragraph is already known to me and consistent with my comment - not sure what you're aiming to communicate.