Irrespective of the uncertainties surrounding the causes of climate change, the United States is poised to join the rest of the developed world in a fight against rising carbon dioxide levels.
Editor's note: In the winter of 1988, Peter J. Hill, a PERC senior fellow and a professor of economics at Wheaton College of Wheaton, Illinois, wrote the following article on markets and morality.
The InsiderSpring 2005 By James Gwartney, Richard L. Stroup, and Dwight R. Lee
Case Western Reserve Law Review Fall 2004 Vol. 55:1By Terry L. Anderson
RS-02-1a Update: 2004Bruce Yandle, Madhusudan Bhattarai, and Maya Vijayaraghavan
With abundant rainfall, the southeastern United States has rarely experienced conflicts over the allocation of water. But that is changing. As population grows, the demand for water grows, and when periodic drought occurs, disputes can result.
This essay, "Eight Great Myths of Recycling," by Daniel K. Benjamin, exposes the errors and falsehoods underlying the rhetoric. It clarifies the appropriate role of recycling, based on history and market relationships.
Bringing environmental issues into foreign policy-making and international law endangers trade, national sovereignty, and, ironically, long-term environmental improvement, according to two associates of the Political Economy Research Center (PERC).
A new paper challenges conventional wisdom about the role of business in environmental issues. Written primarily for business executives, it offers new ideas for addressing environmental challenges while keeping a principled commitment to market competition, consumer choice, and innovation.
Water MarketsPriming the Invisible PumpTerry L. Anderson and Pamela S. Snyder
Water Marketing--The Next GenerationTerry L. Anderson and Peter J. Hill, Editors
Authors Reed Watson and Brandon Scarborough briefly describe and give examples of how water markets can not only provide water where it is needed most, but avoid the acrimony of past water disputes.
By Jody Lipford and Bruce Yandle
A 30th Anniversary Celebration ofPERC—Property and Environment Research Center
Paul Schwennesen an Enviropreneur-in-Residence at PERC and a former fellow at the Enviropreneur Institute is one of seven top winners in a global easy contest sponsored by the SEVEN Fund in Cambridge, MA. The topic was the "morality of profit."
Where water markets are being allowed to work, prices reflect scarcity and trades provide incentives to conserve.
China's growing wealth and economic power means it also vested in seeing the US propser as it holds a huge amount of US debt and remains an important trading partner.
PERC Director of Outreach Laura Huggins explores how free market environmentalism is working to save 40 million acres of Patagonia grasslands.
In response to the Miami Herald
Changes in the environment, population, and industry have created water scarcity in some areas. Terry L. Anderson the President of The Property and Environment Research Center and Gretchen W. McClain the CEO of Xylem discuss how society can meet these water challenges.
When the Ancient Mariner observed “water, water everywhere, nor any drop to drink” he would have no intention of sharing a freshwater source, had he found one. Indeed, we are awash with water here on the Blue Planet, but only a small fraction is in the location, volume, and quality needed to satisfy our demands.
John Batchelor interviews PERC's Dino Falaschetti about Tackling the Global Fisheries Challenge. He explains why catch shares are good for fish habitat, fishermen, and consumers all over the world.
John Batchelor interviews Kurt Schnier about PERC’s Enviropreneur Institute. He explains how the value of goods is reflected in prices, and how markets can improve environmental amenities.
There has been plenty of bad news ab
This week's Q&A is with Matthew Kahn, a professor at the UCLA Institute of the Environment in the Departments of Economics and Public Policy, and the author of the recent
By Frank F. Limehouse,Peter C. Melvin,andRobert E. McCormick
This paper summarizes the state of the academic literature on the implications of environmental justice.
By Andrew Morriss The first chapter of the Cayman Turtle Farm story did not end happily. But a new phase in this fabled effort to protect wild sea turtles has begun.
Eight great myths about waste disposal still abound. This article refutes them.
ON TARGET Fightin' or Drinkin' By Terry Anderson PERC Reports, June 2007
High demand for wood products can foster the resurgence of forests.
Benjamin. Daniel K. Benjamin reports that economists have come up with persuasive evidence that free trade reduces pollution.
By Daniel K. Benjamin Weitzman says that current income need be adjusted downward by 1 percent at most to account for the loss of exhaustible resources.
By Daniel K. Benjamin Now we know what a decade of quotas on Japanese cars cost consumers.
By Daniel K. Benjamin The results of the SO2 tradable emissions program are in-- and the economists were right.
Pioneer bamboo producers in Mexico are hoping to turn the tables on China and become one of the world's largest producers of bamboo. Although the fact is not widely known, bamboo is actually a grass, which has long grown wild throughout many parts of Mexico.
In Tanzania, the Nile crocodile is probably best known for its threat to human life. Not only does it snatch villagers from the river banks, but it has even made forays onto the lawns of tourist lodges in search of a tasty meal.
The rising global demand for paper is forcing producers to look beyond trees to crops such as flax and hemp. The increase in forests set aside for wildlife preserves and recreation is also reducing the availability of wood pulp typically used in papermaking.
Watch your step, Starbucks. Indigenous farmers from Chiapas, Mexico, are opening cafes in Europe, the United States, and Mexico.
To keep the water running in LasVegas, recognize scarcity and let water rates rise-- double or even triple. Encourage homeowners to trade water rights. Let the market determine how much water people use, not the water police.