Market-based environmentalism can be a smoke screen for statists and radical environmentalists who simply want to force their preferences on an unsuspecting public, as Roy Cordato argues. However, it can also represent an intelligent effort by people who understand and believe in markets to facilitate the development of private-property rights so that markets can operate.

Peter J. Hill is the George F. Bennett Professor Emeritus of Business and Economics at Wheaton College.
Climate ChangeEconomic PolicyEconomyEnergy and the EnvironmentEnvironmental Law and RegulationFree Market EconomicsNatural ResourcesPollutionPublic Choice
Other Independent Review articles by Peter J. Hill
Spring 2024 Pricing the Priceless: A History of Environmental Economics
Summer 2022 Free Enterprise Environmentalism
Spring 2020 The Keynesian Revolution and Our Empty Economy: We’re All Dead
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