What are external costs?

Some articles on cost, costs, external costs:

Carbon Emission Trading - Economics - Costs and Valuation
... gases (GHGs) do not face the full cost implications of their actions (IMF, 2008, p ... There are costs that emitters do face, e.g ... the costs of the fuel being used, but there are other costs that are not necessarily included in the price of a good or service ...
Economics Of New Nuclear Power Plants - Cost Per KW·h - Comparisons With Other Power Sources
... See also Relative cost of electricity generated by different sources Generally, a nuclear power plant is significantly more expensive to build than an equivalent coal-fuel ... more expensive than coal — thus, capital costs aside, natural gas-generated power is the most expensive ... of electricity generation produce some form of negative externality — costs imposed on third parties that are not directly paid by the producer — such as pollution which negatively affects the health of ...
Comparing Private, External, Social, and Psychic Costs
... takes place, it typically involves both private costs and external costs ... Private costs are the costs that the buyer of a good or service pays the seller ... This can also be described as the costs internal to the firm's production function ...
Wind Power In Austria - Economics - External Costs
... External costs are not a part of the investment and operation costs, and are paid by the tax payer and therefore by the public ... Examples of external costs for fossil fuel and nuclear electricity production are political and military securing of the access to these energy sources, costs of green house gase emissions, cleaning up ... There are no external costs for the production of electricity from wind ...

Famous quotes containing the words costs and/or external:

    It is commonly said by farmers, that a good pear or apple costs no more time or pains to rear, than a poor one; so I would have no work of art, no speech, or action, or thought, or friend, but the best.
    Ralph Waldo Emerson (1803–1882)

    All in all, the creative act is not performed by the artist alone; the spectator brings the work in contact with the external world by deciphering and interpreting its inner qualifications and thus adds his contribution to the creative act. This becomes even more obvious when posterity gives its final verdict and sometimes rehabilitates forgotten artists.
    Marcel Duchamp (1887–1968)