Externality

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.

Veja também

Rio-92 or ECO-92

The United Nations Conference on Environment and Development, also known as Earth Summit, held in June of 1992, in Rio de Janeiro, bringing together more than 180 countries. It was at Rio-92 that the United Nations Framework Convention on Climate Change (UNFCCC)...

El Niño

An irregularly occurring climatic phenomenon, but that usually occurs every three to five years. It is evident during the Christmas season (El Niño referes to "baby Jesus") on the oceanic surfaces of the eastern part of the tropical Pacific Ocean. The phenomenon...

Diffusion in the oceans

The process through which the atmosphere and water continuously exchange molecules of carbon dioxide. The diffusion of carbon dioxide into the oceans accounts for almost half of the carbon extracted from the atmosphere. The colder oceans absorb more CO2 than warmer...