SUSTAIN 2S03 Lecture Notes - Lecture 11: Externality, None Of The Above
2 Jan 2018
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However, it is seen as blackmail, where people should be paid for things people did, but not what people didn"t do. Not enough money was brought in (. 3 million) Computerized taxi service (computer drivers: register credit card ahead of time, calling requires a payment, computer optimizes route, how to clean? yuck! nvm if something is left behind, it is dumped out. Earth needs to be seen as a closed-system, instead of a frontier economy (limitless resource). Most of costs are externalized or unaccounted for. You need to include the clean-up process in your costs in order to decide which alternative is best. Improves transparency and forces the companies to evaluate themselves: improving transparency even improves forward directions within a given company, this could be a disincentive, however, for some companies. Taxing externalities based off a mandated externality evaluation: they could take it the wrong way and simply. Home is now looked as an investment, not a home.
