Externalities definition

Externalities in principles 5 and 7 means environmental and natural resource management costs attributable to and incurred by the water business.

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Externalities means the social, health, environmental and/or welfare costs or benefits of energy which result from the production, delivery or reduction in use through efficiency improvements, and which are external to the transaction between the supplier (including the supplier of efficiency improvements) and the wholesale or retail customer. Externalities should be quantified and expressed in monetary terms where possible. Those externalities that cannot be quantified or expressed in monetary terms shall nonetheless be qualitatively considered.

Externalities are defined as the “situations when the effect of production or consumption of goods and services imposes costs or benefits on others which are not reflected in the prices charged for the goods and services being provided” (OECD 2002). ▇▇▇▇▇://▇▇▇▇▇.▇▇▇▇.▇▇▇/glossary/detail.asp?ID=3215 common professional beliefs and standards of judgements, and common policy concerns” (Rose 1991). He emphasizes the potentialities that these informal networks hold for the exchange of ideas and information but acknowledges the low binding character of these networks when pushing specific programs into the political agenda. Rose addresses the matter of uncertainty regarding the feasibility and desirability of the lessons transferred to the borrowing governmental setting. He argues that technical feasibility is not enough for a lesson to be deemed transferable, given that it must also bring satisfaction in the policy arena. The author suggests a simple assessment chart where to identify the desirability and practicality of transferring a program. Thus, if the evaluation of the program shows that it is technically feasible to implement and highly politically desirable, then the transfer is considered satisfactory. On the contrary, when the political desirability and practicality are negative, it results in a negative lesson and is therefore not implemented. On the other side, Rose coins the name of “siren call” when a program appears as an attractive political promise that has no ground on the technical feasibility and claims that a positive technical solution is unwanted when it does not provide political satisfaction. This can be due to conflicting policy goals or values that might entail the incorporation of unpopular programs that create a political risk for the officials (Rose 1991). The author acknowledges the uncertainty underlying the political process in general and of lesson-drawing but claims that even in the advent of a non-satisfactory process of lesson- drawing, new knowledge and learnings are yet generated. Finally, Rose identifies a set of mechanisms that enable a lesson to be learned. These are: copying, emulation, hybridization, synthesis and inspiration (Rose 1991). Copying refers to the incorporation of a policy that has been previously adopted by another jurisdiction without changing or adapting its initial content. Emulation consists on the process by which a nation or any other level of government adopts a policy already in place in another setting, inco...

Examples of Externalities in a sentence

• Externalities out of NASA's control may cause flight delays or cancellation.

• ExternE (1999) DGXII (JOULE Programme) Externalities of Energy, ExternE Project, Report Number 7, Methodology: Update 1998.

• A National Longitudinal Study of Health Externalities Identified By Geographic Shifts In Livestock Production (▇▇▇▇▇▇▇▇▇▇) This article discusses an epidemiological study that assessed the relationship between livestock farming and infant mortality.

• First, TIMES was used in the framework of the NEEDS (New Energy Externalities Developments for Sustainability) project (2004-2008) which was funded by the 6th Framework Programme, to create a model for EU- 27, Iceland, Norway and Switzerland.

• Second, the main challenges that companies face when developing technological initiatives in their logistics operations are summarized and classified in the following twelve categories: Physical Infrastructure, Technological Infrastructure, Technology Adoption, Human Talent, Low Performance, Low Investment, Reliability and capacity of power sources, Government and Policies, Inequalities, Safety, Corruption and Externalities (see Figure 11).

• IMAA participates in several international projects, like the 6FP projects: GRIDCC “Grid-enabled Remote Instrumentation with Distributed Control and Computation”, EUORORISK/PREVIEW, the ▇▇▇ ▇▇▇▇▇ (Global Monitoring for Security and Stability) and the IP NEEDS (“New Energy Externalities Developments for Sustainability”), and THREDDS/DLESE funded by the American NSF.

• Externalities, can indeed be interpreted as an economic perspective on non-intentional effects.

• Trade Liberalization and Externalities: A General Equilibrium Assessment of the Uruguay Round.

• Externalities of Energy - ‘ExternE’ Project, Report Number 7, Methodology Update 1998.

• Int J LCA 8 (6): 324-330 ▇▇▇▇▇▇▇ W, ▇▇▇▇▇▇▇▇▇▇ P, ▇▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇▇▇ A, ▇▇▇▇ T, ▇▇▇▇▇▇▇▇ A, ▇▇▇▇▇▇ F, ▇▇▇▇▇▇ F, ▇▇▇▇▇▇ J, ▇▇▇▇▇▇▇▇ K, ▇▇▇▇▇▇▇▇ J, ▇▇▇▇▇▇▇▇▇▇ B (1998A) Ex- ternE − Externalities of Energy.

More Definitions of Externalities

Externalities means those short-term and long-term effects resulting from the