ANTH 202 Lecture Notes - Lecture 12: Grid Parity, Natural Capital, Externality
Document Summary
Trying to do too many things at the same time doesn"t work => focus. Good strategy focuses either on collaboration, differentiation or labelling not. Use impact ratio to say why you choose this country : costs/ natural capital. Information provision: product information regulation: regulation is never (cid:498)fair(cid:499, ex. Fukushima cleaning costs: price of energy never fair, never grid parity, society has to step in, energy providers don"t have to pay cleaning costs. This type of disaster doesn"t come in into the price, but it doesn"t matter. Manipulating the rules it what matters to benefit to: shell+ bp both european companies they have to pay for carbon and are already in it. This could be a next new breakthrough for them. the rules (cid:523)both are lobbying(cid:524) and the firms in the middle don"t really care. Economics: what is a (cid:498)negative(cid:499) externality, someone bares the consequences of someone else action, low supply curve for a good ex.