Abstract
Petroleum production and distribution imposes various economic, social, and environmental costs, including many that are nonmarket (involving resources that are not normally traded in competitive markets, such as human health and environmental quality), and external (costs are imposed on others).2 It is important to consider all of these impacts when making policy and planning decisions, such as evaluating energy conservation policies and efficient fuel-tax levels.
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© 2013 Island Press
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Litman, T. (2013). Full Cost Analysis of Petroleum Consumption1 . In: Renne, J.L., Fields, B. (eds) Transport Beyond Oil. Island Press, Washington, DC. https://doi.org/10.5822/978-1-59726-242-2_4
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DOI: https://doi.org/10.5822/978-1-59726-242-2_4
Publisher Name: Island Press, Washington, DC
Print ISBN: 978-1-59726-363-4
Online ISBN: 978-1-59726-242-2
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