Internalization of Environmental Cost
Shao, Beidi
In the current environment concerned world economy, environmental costs became the pervasive topic affecting local, national and global economic developments. Through using the Cause-Effect Analysis, the author found out that a consequence from the externality of environmental costs is the market failure. Considering various environmental costs need to be differently measured, the author selects a case of CO2 emission, which incontestably caus...