1. Gorgon Project on Barrow Island
An externality is an economic effect that results from an economic choice but is not reflected in market prices. ... The Gorgon project will meet the need for clean energy in today's market place; it will enhance energy competition and security of supply in Australia. ... The workforce would also create flow-on economic benefits through spending in the region. ... However, Barrow Island is the only economic location for this facility. ... The development will project National, State and Regional Economic benefits by increasing general economic growth, sustaining regional development and...
- Word Count: 2008
- Approx Pages: 8
- Grade Level: Graduate