Greenhouse gas emissions are externalities because the costs of emitting them are not reflected in the price paid by economic agents for polluting activities, leading to market failure.

Authors

• Person: Not available Organization: EconFIP
  Carbon Pricing for Inclusive Prosperity: The Role of Public Support

Sources

• Carbon Pricing for Inclusive Prosperity: The Role of Public Support econfip.org EconFIP via serper

Referenced by nodes (1)

• greenhouse gas emissions concept