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If there is an oil company that produces 1,000 gallons of oil in a given year. Each gallon of oil costs 3 dollars to produce
If there is an oil company that produces 1,000 gallons of oil in a given year. Each gallon of oil costs 3 dollars to produce and emits 20 pounds of CO2 into the atmosphere. If each pound of CO2 has a value of 1 dollar in future damages, what is the annual externality of this oil company
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