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Economics News Summaries
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| EconNews Online is South-Western College Publishing's service to provide summaries of the latest economics news stories. Review the brief summaries and, for stories of interest, select the full summary. |
| Economics and the Environment | |
| Title | Brief Summary |
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Japan's highway system
is made up entirely of toll roads. The only problem: The tolls are too high
for people to want to use the roads. (Updated October 17, 2003) |
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A proposal to create
a new runway at London's Heathrow Airport is based on dubious cost analyses
that do not consider the full costs, including environmental costs, of flying. (Updated September 10, 2003) |
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Airlines account for
3.5 percent of carbon dioxide emissions. One suggestion is to induce airlines
to replace long-haul flights with several short hops. Higher fuel taxes
would provide an incentive. (Updated April 1, 2002) |
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UK Government data indicate
that air pollution worsened in 1999 and people are dying prematurely due
to pollution. However, another study claims that toxic emissions from vehicles
are falling, and London compares favorably with other major world cities.
It cautions that the costs of air pollution standards may outweigh the gains. (Updated April 1, 2000) |
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Corporate Average Fuel
Economy rules require each auto maker to sell a mix of vehicles that meets
a minimum fuel efficiency standard. Some foreign producers of large cars
treat the fines as a cost of doing business, while US firms try to avoid
being prosecuted because of possible lawsuits from angry shareholders. (Updated August 1, 1999) |
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