Real evil villain stuff tbh- wasting rare metals, getting kids addicted to nicotine, probably shipped by the boatload from China...
Real evil villain stuff tbh- wasting rare metals, getting kids addicted to nicotine, probably shipped by the boatload from China...
Why not all? Externalities are hard to determine but in general this should be a principle in a capitalist market economy.
A company cutting costs by dumping their PFAS into the local river isn't being "paid for" by anyone. Except with our health and all the dead insects and fish and compounding environmental effects brought with it
By definition an externality is a "market failure" because the market completely fails to account for this effect. There are "positive externalities" as well, but that's obviously not relevant here
I despair. I really do.
It's possible you are thinking of Cobalt which is very bad?
This gives us the feeling that electricity is almost free and green, while in the meantime we damage entire area through lithium mining (E.g https://www.nytimes.com/2021/05/06/business/lithium-mining-r...)