Category:Externalities
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The By-Products of an Industrial Age
Externalities - Emissions - Toxic Chemicals
SJS / Siterunner: A worldwide environmental protection movement that took on dangerous conditions to health, life and the overall environment in which we live gained momentum in the 1960s. The tag "green" was given to these diverse political, business, and educational efforts. Green politics covers a vast array of endeavors and initiatives and your GreenPolicy360 siterunner has participated in green environmental efforts since the mid 1960s, especially in the drafting of the US national Green Party platform and via legislative initiatives with US Congressman George E. Brown, coalitions and outreach.
An essential component of the US Green Platform that I was charged with drafting.
As drafter of the formative Green political foundation, I put forward policies that would address the costs of global/local emissions and externalities that are human-caused.
Overall, my hope was that more rational, comprehensive definitions of security, of real and sustainable security for nations and communities would motivate actions across the globe to preserve and protect life.
Human responsibility to measure and manage to avoid harmful and potential tragic consequences is in our hands.
Local and far-sighted actions are part of a green vision -- a damage-control mission that focuses on protecting life and health.
Classic liberal capitalism does not take into account "Externalities" ... These missing costs, an environmental full-cost accounting, are systemically profound in climate change.
The theory of "The Invisible Hand" does not take into account and factor in to climate change the price of carbon burning activities.
The following page, identifying externalities, begins to capture some of these new visions and ideas.
As business and politics moves into the 21st century we must advanced our awareness of full-cost eco-nomics.
For three decades, as environmental advocates, we have pressed green discussion/debate and decision-making.
Now is the time to recognize the scope of the challenge and to act together across boundaries, cooperatively.
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Environmental full-cost accounting, Climate change and politics
True-cost pricing position from the founding US Green party Platform
True-costs / Environmental full-cost accounting @GreenPolicy360
http://www.greenpolicy360.net/w/Environmental_full-cost_accounting
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The Challenge of Acting for the Commons
Triple-bottom line
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Nature's 'Invisible Hand'
Mother Nature's Invisible Hand Strikes Back Against the Carbon Economy
The growing impact of climate change is exposing the key fallacy at the heart of the hydrocarbon economy: Big Oil cannot simply exempt itself from the natural economy governing all things in this closed system called planet Earth...
Externalities, More than a Strange-Sounding Science Term
An externality is, according to Investopedia, a "consequence of an economic activity that is experienced by unrelated third parties." And externalities can be either positive or negative. It's easy to identify the positive externalities of the hydrocarbon economy. Oil has powered a higher standard of living for millions of people in the global North. Petrochemicals have generated such an agricultural bounty that the United States alone discards up to 40 percent of the food it produces annually without risking famine - yet. And cheap plastic manufacturing allows even many of the poorest members of rich economies unprecedented access to low-cost consumer goods.
On the other hand, the hydrocarbon economy has negatively externalized the impact of its business model by emitting greenhouse gases - carbon dioxide, methane, nitrous oxide and fluorinated gases - without ever paying for the actual cost of those emissions insofar as they impact the ecosystems upon which their businesses and, increasingly, the lives of their customers depend...
Market Corrections
In 2008, the environmental thinker Lester Brown wrote about the inherent blindness of the invisible hand. Brown lamented the "fundamental weaknesses" preventing it from incorporating "the indirect costs of producing goods" into market prices and bemoaned the fact that it doesn't "value nature's services properly." In the short term, Brown was right. But he underestimated the power of an even larger "economy" at work in the self-correcting system called "planet Earth."
In less than a decade, Mother Nature's ever more visible hand emerged as a force punishing the "market inefficiencies" and rampant externalization of the hydrocarbon economy. The best indicator of this correction is the mounting loss of "ecosystem services." These are the common goods upon which human civilization - and, truth be told, all life - depends. Yet, humans simply take them for granted.
It's the clean, clear water, life-sustaining oxygen and life-giving soil.
It's the carbon-capturing forests and carbon-retaining power of the oceans.
It's the 1/32 of the planet that is arable land.
It's the Arctic region with it crucial permafrost "carbon banks" found in the earth's heretofore frozen regions.
Permafrost matters because its long-frozen layers safely store greenhouse gases that slowly accumulated over the course of thousands of years. New research estimates a potential $43 trillion global economic impact should those "hundreds of billions" of tons of carbon dioxide and "billions of tons" of methane be released into the atmosphere by the rapidly warming Arctic. As Pacific Standard points out, that bill "isn't a total cost to be spread out over several decades - it's how much we'd have to set aside today to pay for the damage done by melting frozen soil, or permafrost, in the Arctic." And yet more new research shows that Arctic regions are warming twice as fast as the world average because the solar-reflecting properties of the ice and snow are diminishing with each passing year...
Also diminishing each year are the unparalleled "ecosystem services" of the oceans, forests and other food webs that sustain earth's interwoven fabric of life. Based on calculations by scientists at the United Nations University, the world forfeits a "staggering $6.3 trillion to $10.6 trillion" each year just from land degradation. That's roughly "10-17% of global GDP." What are the services lost? Properly cared for land provides "food, poverty reduction, clean water, climate and disease regulation and nutrients cycling."
Hydrocarbon-obsessed humans have long ignored these opportunity costs, but Mother Nature factors it all into her bottom line. And we are running a massive budget deficit. That's why tabulating "environmental services" is crucial to understanding the environmental deficit at the core of the hydrocarbon economy - and it's crucial if human beings want to avoid the ultimate bankruptcy of extinction.
More greenhouse gases equal more warming, equals more carbon released from permafrost, equals less carbon captured by soils, plus oceans equals more warming. On it goes until nature, like theoretically free markets, eventually enforces equilibrium.
Market corrections are a coming...
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Subcategories
This category has the following 15 subcategories, out of 15 total.
Pages in category "Externalities"
The following 79 pages are in this category, out of 79 total.
A
C
- C40 Cities Climate Leadership Group
- California Global Warming Solutions Act
- California is ahead of the game as Obama releases Clean Power Plan
- California out in front in a Green future
- Capitalism and the Environment
- Citizen Science
- Climate Desk
- Climate News
- Climate News Events Archive ... 1970 to Today
- Climate Plans Enforcement - Resources
- Climate Problems, Climate Solutions
E
- Each of us can make a positive difference
- Earth and Space, Politics
- Earth Day Summit - April 22 2021
- Earth from NASA
- Earth Science
- Earth Science Research from Space
- Earth Science Vital Signs
- Environmental full-cost accounting
- Environmental Protection Agency
- EOS eco Operating System
- ESA Living Planet Announcement - May 2022
- European Union Green Deal - Fit for 55
F
G
- Glasgow Climate Summit - Pledges, Promises, Declarations - What's Next Up
- GP360 NewPages
- Green Quotes
- Green Stories of the Day
- Green Stories of the Day - GreenPolicy360 Archive
- GreenPolicy360 Archive Highlights 2013
- GreenPolicy360 Archive Highlights 2014
- GreenPolicy360 Archive Highlights 2015
- GreenPolicy360 Archive Highlights 2016
- GreenPolicy360 Archive Highlights 2017
- GreenPolicy360 Archive Highlights 2018
- GreenPolicy360 Archive Highlights 2019
- GreenPolicy360 Archive Highlights 2020
- GreenPolicy360 Archive Highlights 2023
- GreenPolicy360 Highlights
I
P
T
U
W
Media in category "Externalities"
The following 21 files are in this category, out of 621 total.
(previous page) (next page)- We are all in this together-IPCC report-August 2021.jpg 513 × 768; 183 KB
- We must flatten the curve, yes ... August 2020.jpg 800 × 421; 99 KB
- What happens when.png 585 × 215; 20 KB
- Wheeler-Mulvaney-repeal of Clean Power Plan-June19,2019.jpg 800 × 640; 145 KB
- When your house is on fire.jpg 589 × 473; 77 KB
- Which countries pollute the most ~2017.jpg 800 × 422; 69 KB
- Who really invented the climate stripes - Climate Change Education.png 600 × 600; 234 KB
- Why is the Amazon burning - Katharine Hayhoe explains.jpg 498 × 763; 149 KB
- Wiki IPCC m.jpg 602 × 339; 112 KB
- Wildfires 2021 - August.jpg 519 × 220; 54 KB
- Willow project in Alaska approved.png 640 × 219; 48 KB
- Wind Power California US Tehachapi.png 802 × 445; 584 KB
- Winning on the climate legis - AOC.png 480 × 519; 249 KB
- World Bank Group Climate Action Plan Apr2016.png 522 × 729; 244 KB
- World Bank Group Climate Change Action Plan 2016.png 512 × 256; 167 KB
- World Map - Mercator projection v Google maps.jpg 800 × 545; 101 KB
- WV v EPA SCOTUS poll - June 27 2022 before court decision.png 623 × 480; 126 KB
- Youth Climate Movement.jpg 516 × 284; 79 KB
- Zack Labe - climate viz - June 2024.png 675 × 600; 261 KB
- Anthropocene
- Atmospheric Science
- Citizen Science
- Clean Air
- Clean Water
- Climate Change
- Climate Policy
- Earth Science
- Eco-nomics
- Energy
- Environmental Full-cost Accounting
- Global Warming
- Planet Citizens
- Planet Citizens, Planet Scientists
- Plastic Pollution
- Radioactive Pollution
- Business Regulations
- Environmental Protection
- Green Business
- Green Politics
- Pollution
- Renewable Energy
- Resilience
- Recycling
- Sustainability
- Topic