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Practice of valuation of externalities and the ipat equation

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Reference no: EM131678680

Assigning a monetary value to the consequences of a given practice, also known as valuation of externalities, is one of the more challenging aspects of environmental economics, and is not unlike calculating environmental impact. Compare and contrast the practice of valuation of externalities and the IPAT equation. Use carbon dioxide emissions to highlight the similarities and differences.

Reference no: EM131678680

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