Thursday, April 14, 2016

Un-Accounted External Costs are a Bitch

After Bankruptcies, Coal's Legacy Lives On is an example of external costs not accounted for.  When environmentalists make comparisons between energy sources external costs should be considered. Fracking gets bad press but it's external costs are much less than coal.  Incredibly its Nuclear that ranks lowest in unaccounted external costs even when compared with solar and wind. It's counter intuitive but solar and wind represent such a minuscule percent of our power that their external costs are experienced by few so as not to generate the bad press that they would when producing power at the percent level of coal.

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