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As an effort to reduce factory-based pollution, carbon taxes are being implemented by the government, but what do they do and how effective are they really? Graphic illustrating the costly nature of nonrenewable energy resources To understand the real cost of large industries' activities, one needs to understand externalities and their wide-scale impact. In economics, an externality is an unintended side-effect of an activity that affects third parties not directly involved.

Deforestation is a commonly brought up issue, but what are the real implications of our actions? Aerial view of forest Trees are a crucial resource for city growth, human settlement, and product manufacturing. We would not have the homes that we live in if not for the sturdy and reliable nature of pine, spruce, or fir. Not only houses, but products such as rubber, perfumes, instruments, and nail polish are all made from the various components of trees. In being such an import