US High School Economics class: Wall Street turns to ‘solar grazing’ sheep in its push to go green
==========
Wall Street is using 'solar grazing' sheep to meet its green energy goals. The demand for solar panels has increased the demand for sheep, as they are used to graze on the grass beneath the panels, keeping it trimmed and preventing the growth of weeds. This has led to an increase in the price and quantity of sheep in the market. The article mentions the externalities of reduced maintenance costs and increased biodiversity resulting from the use of sheep. The relationship between the sheep and solar farmers is consistent with the predictions of the Coase theorem, as they are able to negotiate and reach mutually beneficial agreements.
#SolarGrazing #Sheep #GreenEnergy #Demand #Market #Externalities #CoaseTheorem
https://www.ft.com/content/61b9bd7b-ec47-4e20-8f69-67690892e40f
Financial Times /
npub1ey5…tq7p
2024-04-13 21:28:03
Author Public Key
npub1ey55s7y4px7nuw9qq987mhc2lm8qp30xvyrkgqk9p626n78zfcxqw0tq7pPublished at
2024-04-13 21:28:03Event JSON
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"content": "US High School Economics class: Wall Street turns to ‘solar grazing’ sheep in its push to go green\n==========\n\nWall Street is using 'solar grazing' sheep to meet its green energy goals. The demand for solar panels has increased the demand for sheep, as they are used to graze on the grass beneath the panels, keeping it trimmed and preventing the growth of weeds. This has led to an increase in the price and quantity of sheep in the market. The article mentions the externalities of reduced maintenance costs and increased biodiversity resulting from the use of sheep. The relationship between the sheep and solar farmers is consistent with the predictions of the Coase theorem, as they are able to negotiate and reach mutually beneficial agreements.\n\n#SolarGrazing #Sheep #GreenEnergy #Demand #Market #Externalities #CoaseTheorem\n\nhttps://www.ft.com/content/61b9bd7b-ec47-4e20-8f69-67690892e40f",
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