The fact of existing outside the perceiving subject. This economic phenomenon can be categorized as positive or negative when, in the price of the good placed on the market, the social gains and losses resulting from its production or consumption, respectively, are not included. Externality means a market failure, in the sense that the product put on the market does not have a price that contains all of the gains or losses resulting from its production.
Anthropogenic emissions
Anthropogenic emissions
Emissions produced as a result of human action. For example, large amounts of carbon dioxide are being released into the atmosphere by activities such as the burning of fossil fuels, agriculture, cement making, and so on.