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Landon F

TODAYonline | Voices | The hidden green costs of progress - 0 views

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    This article is an article raising awareness of negative externalities, however, it does have one example going on in Singapore that exemplifies negative externalities. They plan tear down a woodland to build an international school. The negative externality is due to tearing down trees. The example the writer gives is that the residents around the woodland will have to pay more money for A.C because of the rising temperatures due to less trees around them. 
Xinmian H

VW starts up largest solar park at US auto factory in Chattanooga, TN - 0 views

  • TN was certified LEED Platinum. That's a difficult level to reach – as we described at the time – but the one billion dollars the company spent
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    This article talked about how VW company decide to use one billion dollars to build LEED Platinum to make their car 25% cleaner. In the short run the production cost increased one billion. Since the car will get cleaner, the demand should increase. 
anonymous

LEDs Emerge as a Popular 'Green' Lighting - 0 views

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    LED lights have expanded into the market recently and they are experiencing economies of scale as a result. However, since their product works so well, it is estimated that if more people turn to LED, the less money they make in the long run.
Deepak B

New cable won't solve Telecom 'monopoly' - Greens - 0 views

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    Telecom, Vodafone and Telstra have announced a deal to build a new undersea telecommunications cable between Auckland and Sydney, which should dramatically increase the amount of internet data able to be sent to and from New Zealand. The total cost of the cable is expected to be less than US$60 million ($70.9m).
Xinmian H

The little green bean in big fracking demand - CNN.com - 1 views

  • In just one year the price of guar has surged tenfold, from about 30 rupees (about 50 U.S. cents) to around 300 rupees for each kilogram of the precious seed.
  • Behind the phenomenal price rise is a surge in demand. Oil and gas companies in the United States have developed a massive appetite for guar gum powder -- a key ingredient in a process called fracking, which is used to extract natural and shale gas from beneath the Earth's surface.
  • Since 90% of the world's guar is grown in the desert belt of northwest India, local farmers in this poor area are enjoying the benefit of the guar rush.
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    This article showed the relation between the price and demand. The oil companies need guar gum powder for fracking to get oil, this increase the demand of guar and the guar price rised up. In our textbook, the relationship is a little bit different. Our textbook said as the price increase the demand of the product will increase, where as in this article as the demand increase the price will increase. This article showed me the mutual relation between the price and the demand.
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