Sunday, February 17, 2008

Unit 2: Negative externalities associated with wind farms

The BBC reports that plans for a wind farm on the Isle of Lewis in Scotland have run into fierce opposition.

< http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_7240000/newsid_7240200?redirect=7240238.stm&news=1&bbram=1&nbwm=1&nbram=1&bbwm=1&asb=1 >

a) List private costs and benefits associated with the scheme
b) List external costs and benefits associated with the scheme
c) If, as is suggested the government is minded to reject the project, what would you expect the outcome of a CBA to show?

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