Tuesday, March 30, 2010

Externalities Example -- Bees and Pesticides

As some of you may know, honey bees (who are play a big role in how we feed ourselves) have been hammered by some mysterious plague dubbed "colony collapse disorder". New research suggests that pesticides may be a major contributor to this problem:
For years the news has been the same: Honey bees are being hammered by some mysterious environmental plague that has a name -- colony collapse disorder – but no established cause. A two-year study now provides evidence indicting one likely group of suspects: pesticides. It found “unprecedented levels” of mite-killing chemicals and crop pesticides in hives across the United States and parts of Canada.
A classic negative externality.

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