Excise taxes and tradable permits are the two most highly touted instruments in environmental policy. These market-based approaches, advocated by professional economists and think-tank policy analysts on both the Left and the Right, are often meant to thwart the outcomes of true free-market activity.
Market-Based Environmentalism and the Free Market
Theyre Not the Same
By Roy E. Cordato
This
article
appeared in
the Winter 1996/97 issue of The Independent Review.
Climate ChangeEconomyEnergy and the EnvironmentEnvironmental Law and RegulationFree Market EconomicsNatural ResourcesPollutionPublic Choice
Other Independent Review articles by Roy E. Cordato | |
Spring 2012 | Climate Coup: Global Warmings Invasion of Our Government and Our Lives |
Fall 2009 | Climate Change Policies: Challenging the Activists |
Winter 2000/01 | The Political Economy of Environmental Policy: A Public Choice Approach to Market Instruments |