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Incentives and Conservation

  • Daniel Benjamin
  • The reality of U.S. environmental policies today is that the dominant policy approach of the modern environmental era—federal standard setting, permitting, and enforcement—is no longer sufficient to achieve significant further progress, much less to meet the challenges of the future. The new environmentalists represented here have accumulated substantial evidence that with market-based incentive systems much more progress in resource stewardship and environmental enhancement can be achieved—without the contention, without the divisions, and without debilitating costs.

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