None of the world's top industries would be profitable if they paid for the natural capital they use

http://grist.org/business-technology/none-of-the-worlds-top-industries-would-be-profitable-if-they-paid-for-the-natural-capital-they-use/
Date Written:  2013-04-17
Publisher:  Grist
Year Published:  2013
Resource Type:  Article
Cx Number:  CX17481

The notion of "externalities" refers to costs imposed by businesses that are not paid for by those businesses. Roberts argues that, although the term is useful in folding ecological concerns into economics, it has its downsides.

Subject Headings

• Environment/Economy