None of the world's top industries would be profitable if they paid for the natural capital they use | Grist
A sobering new study finds that the world's biggest industries burn through $7.3 trillion worth of free natural capital a year. And it's the only reason they turn a profit.
David Roberts Published Apr 17, 2013 Topic Climate + Technology Share/Republish Copy Link Republish Copy Link Email SMS X Facebook Republish Reddit LinkedIn Bluesky This article was published before 2016, and may be outdated or missing images. 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, busines
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