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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