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Apr 18, 2013

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

By David Roberts

The notion of “externalities” has become familiar in environmental circles. It refers to costs imposed by businesses that are not paid for by those businesses. For instance, industrial processes can put pollutants in the air that increase public health costs, but the public, not the polluting businesses, picks up the tab. In this way, businesses privatize profits and publicize costs. Read rest of the story at: None of the world’s top industries would be profitable if they paid for the natural capital they use | Grist

GLAD TO SEE ARTICLE PUBLISHED RELATED TO MY BLOG POST "APR 16, 2013 HOLISTIC WAY OF MEASURING! - New Study Shows Multi-Trillion Dollar Natural Capital Risk Underlining Urgency of Green Economy Transition - UNEP"  ay Link: http://tinyurl.com/d3vba29

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