External costs to the environment that we end up paying for. The release of carbon dioxide and other chemicals cause global warming. This in recent years has led to many natural disasters, such as Hurricane Katrina. Another hidden cost is the cost to our health. The toxic fumes that we inhale from gas-powered transportation may cause many illnesses and diseases.
Hidden transportation costs are the energy costs that are not included in consumer utility or gas bills or paid for by the companies that produce or sell the energy. These include human health problems due to air pollution, damage to land from coal mining, environmental degradation. Check out the link for more information.
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