Hidden Costs of Energy: Unpriced Consequences of Energy Production and Use
2011
Hidden Costs of Energy: Unpriced Consequences of Energy Production and Use
publication
Evidence: high
Author Information
Author(s): Maximilian Auffhammer
Primary Institution: University of California, Berkeley
Conclusion
The report estimates that the external costs of energy production in the U.S. amount to at least $120 billion, primarily due to health-related damages from coal and liquid fuels.
Supporting Evidence
- 52% of the estimated damages arise from health-related damages from coal combustion.
- 47% of the damages stem from the combustion of liquid fuels for transport.
- The average health damages from coal are estimated at 3.2 cents per kilowatt hour.
Takeaway
When we use energy, it costs more than just the price we pay; there are hidden costs that affect our health and the environment.
Methodology
The report provides quantitative, qualitative, and monetized estimates of external damages from energy use.
Limitations
The report does not include damages from climate change and has difficulty valuing impacts on ecosystems and national security.
Want to read the original?
Access the complete publication on the publisher's website