Topic 2:Accounting for Environmental Costs, The monetary value of environmental resources and environmental quality is usually not reflected in the pricing of goods and services. Do you think it is useful to properly account for environmental costs?
How could such a full-cost approach be implemented? What effect would such an approach have on product prices and demand, as well as overall consumption patterns? Do you believe such an approach could help address some of the environmental issues we are facing today? Can you think of any examples to support your answer?
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