Economics News Summaries

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 
You Really Gotta Love Driving to go on these Roads
Full Summary 
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)
New Runway at Heathrow Creates Many Environmental Costs
Full Summary 
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)
Reducing Airline Emissions: The Future is the Past
Full Summary 
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)
Dying For Fresh Air
Full Summary 
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)
Paying the Price of Pollution
Full Summary 
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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