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Jina K

Italian steel plant suspends operations in pollution row - 0 views

www.france24.com/...pends-operations-pollution-row

negative externalities pollution

shared by Jina K on 04 Dec 12 - No Cached
  • Jina K on 04 Dec 12
     
    Negative externality happens when firms or individuals do not have to pay the whole cost when making decisions. The costs are passed on to society. This article talks about an Italian's ILVA steel plant plans to suspend its operations as it has received several warrants as a result of the pollution it has produced over the years. Some parts have been closed due to damaged environmental reports which show high cancer rates. The suspension has affect 7,000 ILYA jobs and thousands more in the steel sector. This relates to negative externality as firms choose to pump pollutants into the air, affecting people's health and environmental problems. Although the firm needs to pay for electricity, resources, etc., but the people living around the area needs to pay for health expenses and causing them poorer quality of life. Firms choose to pump pollutants into the air since it's obviously much cheaper than finding an advanced machin. This is also the cost the the firms do not have to pay.
Kyuhwan L

Pollutions from oil refinery accidents on the rise in Louisiana. - 2 views

www.southernstudies.org/...-on-the-rise-in-louisiana.html

negative externality pollution MSC MPC

shared by Kyuhwan L on 05 Dec 12 - No Cached
  • Kyuhwan L on 05 Dec 12
     
    Pollution from the Motiva refinery in Norco, Louisiana has been a major pollutant in the region since 2005, and it doesn't show signs of stopping. There have been 301 reported cases of accidents in 2011 and many more unreported. The firm may be only concerned with its marginal private costs and have no intention in even dealing with the marginal social costs caused by the negative externality. The government must intervene and cease this crime; the injustice towards its community, society and the environment.
  • Andrzej Z on 06 Dec 12
     
    I didn't heard about this case before. I find it ironic because USA with their great judiciary don't have methods to fight with companies like Motiva. We can ask ourselves who is worst a murderer who kills one person and is sentenced to death or a company who is killing hundreds of humans beings. The oil is very important in our live, we need it every day but we must ask as where is the limit? what is more important a human being or using a car? We have to eliminate negative externalities like pollution because if we don't do anything then we will destroy the world because we have infinite wants (this is the sad reality).
Matthew R

Decades of oilsands air and water pollution 'clearly evident,' say scientists Read mor... - 3 views

www.calgaryherald.com/...story.html

public access atmosphere lake tragedy common goods

shared by Matthew R on 15 Jan 13 - No Cached
  • Matthew R on 15 Jan 13
     
    Scientists in Alberta have found evidence that oilsand operations have been sending toxins into the atmosphere for decades. Also, levels of toxins in Namur Lake have tripled since 1960. Critics have raised serious concern over the rising pollution in our atmosphere and lakes. This relates to our lesson for the week because the atmospher and lakes are common access resources. They are open to the common. These resources are becoming depleted because of the overuse of these resources.
  • Andrzej Z on 18 Jan 13
     
    It is a very interesting article because it is a very recent theme. In the last week I read that the soot is three times more polluting than the scientist though. It is a very good example of negative externality of production. The toxins in the atmosphere are negative externalities for third parties. The company will produce at q1 concerned in their own cost. The MSC is higher than the MPC and there is a welfare lost from Q1 to the equilibrium point. I think that commons must be protected and to achieve it the government must intervene to save the atmosphere and the lakes because it is our planet and we must save it.
Caitlyn S

Ending the Oceans' 'Tragedy of the Commons' - 0 views

www.sciencedaily.com/...100914095930.htm

ocean- crisis -tragedy of the commons

shared by Caitlyn S on 11 Jan 13 - No Cached
  • Mariya L on 11 Jan 13
     
    Oceans are one of the Commons, and as any other commons, it becomes overconsumed. Fishers all around the world keep devastating populations of the fish. To prevent overfishing, pollution and other human impacts, leading international marine scientists are proposing radical changes in the governance of the world's oceans. They carried an experiment in Chilie, and based on it, scientists state that they would be able to help to reverse "the tragedy of the commons". Problems in Chilie made people be open to new arrangements, scientists and fishers began working together to improve the situation with fish. By working together for some years, scientists became able to reveal about fish stocks and and the surrounding marine ecosystem. The new laws gave exclusive ocean territories to local 'artisanal' fishers, and excluded the big industrial fishing fleets, which had their own exclusive fishing zone. Scientists and small fishers then worked together to understand and rebuild the shattered fish stocks in their zone, leading to a shared vision and voluntary agreements on how to manage them.
  • ...2 more comments...
  • Benjamin D on 17 Jan 13
     
    This article talks about an experiment made in Chile. The use given to our oceans are no good, the article encourages huge changes in the governance of world's ocean to save them from pollution, over-fishing and other impacts made by the humans. All of these factors affect the marine ecosystem in a drastic way, now the levels of fish are decreasing as it says in the article "There was a general recognition that Chile's fish stocks were in trouble," says Professor Carl Folke. This has led to some fisheries to collapse leading the Chilean government for being responsible to take actions.This serves as an example of what's happening in the world today and for facin this problem he suggests that "You need a shared recognition that something has to be done, you need a good understanding of the marine ecosystem and how to regenerate it, you need a strong rapport between scientists and fishers, and you need a political moment when sweeping changes can be brought in." This problem needs to be faced responsibly otherwise there will be almost no fish stocks in the future, treating our commons well is important for us humans as this affects goods that are importand for living.
  • Caitlyn S on 18 Jan 13
     
    Leading international marine scientists are proposing radical changes in the governance of the world's oceans to save them from overfishing, pollution and other human impacts. "Marine ecosystems are in decline around the world. New transformational changes in governance are urgently required to cope with overfishing, pollution, global changes, and other drivers of degradation. Fishers and scientists had been working together on the problem for some years, trialling new co-operative models for fishery management, based on that science can reveal about the state of the fish stock and the surrounding marine ecosystem." The result is a national system of marine tenure that allocates user rights and responsibilities to collectives of fishers. The research indicates the key to managing fisheries depend on creating agreements that are both voluntary and flexible enough to cope with changes in the ocean environment, leading to fisheries that are both ecologically and socially sustainable.
  • Jean Eric on 21 Jan 13
     
    I find this article particularl interesting because due to a political change in Chile, it has now effected the common resource tradegy of the Oceans. It has reduced the over fishing in Chile, which has let the fish start to regenerate. The research has found out that the key to managing the fisheries depends on making decisions flexible enough to cope with the changes that the ocean goes through.
  • Jean Eric on 21 Jan 13
     
    I find this article particularl interesting because due to a political change in Chile, it has now effected the common resource tradegy of the Oceans. It has reduced the over fishing in Chile, which has let the fish start to regenerate. The research has found out that the key to managing the fisheries depends on making decisions flexible enough to cope with the changes that the ocean goes through.
Yingnan W

the time for the carbon tax - 4 views

blogs.redding.com/...time-for-a-carb.html

negative-externality supply

shared by Yingnan W on 04 Dec 12 - No Cached
  • Yingnan W on 04 Dec 12
     
    this article talks about if we are going to have carbon tax as the increasing of using resource such like fuel by the companies, and the companies made a lot of pollution, it give us a negative externality as a whole. all the people on earth has a bad effect by the pollution, increasing of the carbon is one of the thing companies made, in order to stop companies from keeping producing carbon, let's think about put the carbon tax.
  • Jean Eric on 10 Dec 12
     
    i really like this article as it focuses on the fact of global warming. Also its a new point of view to stop Global warming which could be very effective as they would raise alot of money, to use in the further research of non polutent enegery sources. What they havent realised in this article that Methan has a ration 20:1 to carbon in the field of damage causing global warming and although you dont think there is a lot of methane in the world there is. Every decomposing organic material releases methane and just think about all those decomposing plant matter at the bottom of dams with a huge accumulation of methan waiting to be released.
  • Jean Eric on 11 Dec 12
     
    i really like this article as it focuses on the fact of global warming. Also its a new point of view to stop Global warming which could be very effective as they would raise alot of money, to use in the further research of non polutent enegery sources. What they havent realised in this article that Methan has a ration 20:1 to carbon in the field of damage causing global warming and although you dont think there is a lot of methane in the world there is. Every decomposing organic material releases methane and just think about all those decomposing plant matter at the bottom of dams with a huge accumulation of methan waiting to be released.
Mariya L

Expo 2017: Kazakhstan Promotes "Green Bridge" Future Energy - 0 views

transatlantic-magazine.com/tes-green-bridge-future-energy

EXPO 2017 economic development Kazakhstan Astana economic growth

shared by Mariya L on 14 Jan 14 - No Cached
  • Mariya L on 14 Jan 14
     
    This article talks about an international event that will be held in Astana, Kazakhstan in 2017. Kazakhstan expects three to five millions of visitors. Such event will beneficially affect the economy of the country. It will not only result in an economic growth, but will possibly lead to a significant boost in economic development. The topic of the Expo 2017 is Future Energy. Such topic will lead to the development of the sustainable ways of using energy. Using sustainable ways in the first place for Kazakhstan would mean using approaches that will decrease the air pollution. Decrease in air pollution can be considered as an improvement of the quality of life and improvement of the welfare of country. In my opinion, Expo 2017 is a very important event for Kazakhstan as well as for the rest of the world. It will significantly impact the economy of Kazakhstan. Preparation part is one of the main stages of the Expo. It will create a lot of new jobs, due to constructions that will be held in Astana.
Jean Eric

Oil Spills, global warming and negative externalities - 3 views

tucsoncitizen.com/...ing-and-negative-externalities

'negative externalities'

shared by Jean Eric on 30 Nov 12 - No Cached
  • Tisha D on 30 Nov 12
     
    A negative externality is a cost incurred by a comapny or a party that did not agree to whatever action caused the extra cost. This article discusses the negative externalities that we incur when we use fossil fuels etc. The cost of production and damage caused by the use of fossil fuels is not included in the price we pay for 1 gallon of gasoline. This is the negative externality. A lot of the government involvement in the private sectors is actually aimed at reducing such negative exteranlities concerned with environmental pollution. Several companies also try to reduce externalities by introducing policies. For example, SAP AG has policies that its employees cannot buy cars that have carbon emissions beyond a certain limit.
  • ...1 more comment...
  • Jean Eric on 06 Dec 12
     
    A negative externality is an action of a product on consumers that imposes a negative side effect on a third party. Many negative externalities are related to the environmental consequences of production and use. for example the emmisions of green house gases. in this article it explains that when i company creates negative externalities neither the company nor the consumer pays for them so there the government has to step in to stop it by ptting regulations which increases the cost of the comapanies decreasing the negative externalities. but national companies complain because they say if regulations are set they cant compete with international firms like in china where there are no regulations for fuel negative externalities. for example a negative externality was the gulf of mexico oil spill where BP oil prices didnt rise to clean up the mess but the taxes did.
  • Andrzej Z on 06 Dec 12
     
    Your article is very interesting. In the end the writer talks about the oil spill in the Gulf of Mexico, two weeks ago or something like that I read that BP (they were the owners of the deepwater Horizon) will pay $4.5 billion in fines and other payments, the largest of its kind in US history. It is a lot of money but how can we estimate the value of million animal life's and the destruction of a big part of the Gulf of Mexico. The worst is that we could avoid it because the BP company saved money in the security systems in these Deepwater. I think that after this disaster the government should check all the deepwaters in order to reduce the possibilities of new cases.
  • Jean Eric on 07 Dec 12
     
    A negative externality is an action of a product on consumers that imposes a negative side effect on a third party. Many negative externalities are related to the environmental consequences of production and use. for example the emmisions of green house gases. in this article it explains that when i company creates negative externalities neither the company nor the consumer pays for them so there the government has to step in to stop it by ptting regulations which increases the cost of the comapanies decreasing the negative externalities. but national companies complain because they say if regulations are set they cant compete with international firms like in china where there are no regulations for fuel negative externalities. for example a negative externality was the gulf of mexico oil spill where BP oil prices didnt rise to clean up the mess but the taxes did
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