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Efficiency and Environmentalism

UPStruck

Improving business efficiency is often good for the environment:

As of 2012, the right turn rule combined with other improvements — for the wow factor, UPS doesn’t separate them out — saved around 10 million gallons of gas and reduced emissions by the equivalent of taking 5,300 cars of the road for a year.

Sometimes governments can improve on the market. Pollution is a huge negative externality and the market often doesn’t produce the socially optimal quantity of it.

But often overlooked are the ways the market does work in favor of the environment.

 

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