My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world. Jack Layton
Wednesday, February 07, 2007
On Market Environmentalism
Funny as it seems, I agree with most of Andrew Coyne's ideas about market environmentalism. Markets are good at moving goods and services around efficiently, and are tailor-made for trading carbon credits. My bottom line is, if it will save the planet, do it. I disagree with Andrew that this will prove markets will solve every problem (there are countless examples like healthcare where that is definitely not true), but in the case of carbon markets, he is definitely on to something.
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