The Externalities of Oil Include War

We’ve all seen comparisons of the virtues of electric vehicles to their internal combustion counterparts, and noticed that they seem to exclude the many different externalities of oil: lung disease, environmental damage, national security, etc.  Most people believe that we fight wars over access to oil, and I happen to be one of them. What value do you think that I, as the father of the boy pictured here, now 18, who could wind up killed or maimed, would place on that externality?  Let’s just call it “significant.”

 

 

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