Jamestown and Saugus — wood-fueled industries relocated from Britain

Another industry where the transportation cost kills you is cement. Cement goes for $20 a ton, so you can't afford to transport it very far, and there are cement kilns all over the world. Another transportation externality — although you could call it an energy externality — is what the British brought over here in the 1600s. They were having an energy crisis in Britain, because they were tearing down all the forests in England for three things: big trees to make ships, with the big masts like the Constitution; charcoal to make iron, which they needed for military reasons too — cannon barrels, cannonballs, utensils; and glass, which we'll talk about later in the course.