When “going green” kills – the hidden costs of denuclearizing Germany

//When “going green” kills – the hidden costs of denuclearizing Germany

When “going green” kills – the hidden costs of denuclearizing Germany

Wired: Germany Rejected Nuclear Power—and Deadly Emissions Spiked

Article published: Jan 23, 2020

IB Economics syllabus: Microeconomics, (market failure, negative externalities of production, sustainability)

The social costs of “going green”: it was believed that shutting down nuclear power plants in Germany is a step forward to sustainability. However, a recent study shows that this has led to increased use of coal powered plants. As a result, CO2 emissions in the country increased by 5% which could have led to the deaths of about 1100 people; and that is an annual number of those who got killed by “respiratory or cardiovascular illnesses” connected to burning more coal to generate power.

This is a great article that decribes the difficulty of fighting against climate change and that proposed solutions that are thought to be “green” might have even worse environmental consequences (in the form of negative externalities of production) than the original methods of power generation. Unfortunately though, this article is a little too long for an IB Economics IA.

Source of image: MICHAEL BOHNEN/GERMANY

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By | 2020-02-06T15:34:42+00:00 February 3rd, 2020|Micro|Comments Off on When “going green” kills – the hidden costs of denuclearizing Germany

About the Author:

My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 6 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.

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