by Laura E. Huggins Last summer, PERC held a workshop on the tough questions for free market environmentalism (FME). The resulting discussions focused on FMEโs strengths and potential limitations. Topics included local versus centralized control, possible free market solutions to climate change, and how liability and torts could be used as an incentive to […]
[…] businesses. In the process, weโve found a way to combine profitability with sustainability. The key to our recent success has come from looking beyond the typical business plan of a small-scale farmer. For several years, the Carman Ranch divided its sales channels between conventional commodity sales and direct marketing of grass-fed beef to individual […]
[…] a federal district court. Under the new rules, ranchersโwho often pay as little as $250 annually to graze on a 400-acre parcelโwill no longer be able to obtain below-market leases in no-competition bids. Participation by environmental groups is also expected to bring in additional revenue to the state. On federal lease lands, environmentalists remain […]
[…] developments as an important journey toward property rights. JOSH HOTTENSTEIN, CEO of Verdant Earth Technologies and PEI class of 2010, is busy transforming shipping containers into sun- free, soil-free, pesticide-free farms. For Josh itโs all about getting the most out of limited resources. With no soil, Verdant can grow a head of lettuce with […]
With streams and rivers drying up because of over-usage, Rob Harmon has implemented an ingenious market mechanism to bring back the waterand fFarmers and beer companies find they have mutual interests.
Hundreds of billions in government subsidies for green energy will not reduce pollution or revitalize the job market Competitve forces working in a free market are the most efficient and effective way to achieve these results.
Flip-flops are some of the most basic footwear in the world, a fact that is easily documented by the tons of discarded sandals washed up onto the east coast of Africa from as far away as Japan, China, Indonesia, Malaysia, and elsewhere.
[…] weeks, but finding a place to park takes a lifetime. Streetline, a San Francisco-based start up, has help on the way. Its new technology beams the location of the closest open parking spaces to anyone with an iPhone and the new appโ Parker. Streetline promises to reduce driver frustration, gas consumption, air pollution, and […]
[…] to higher-valued uses elsewhere in the economy and forย flexible response to greater hydrological uncertainty. This institutional path dependence illustrates how past arrangements to meetย conditions of the time constrain contemporary economic opportunities. They cannot be easily significantly modified or replaced ex post. Libecapโs full article is available here. Nobel laureate Elinor Ostromโs reflection is also online.
[…] specializes in water resources management. Seanโs largest contract is currently with the University College Dublin in Ireland, where he serves as project manager of a five-year multi-disciplinary study of forestry impacts on water quality. He is also chairman of a water quality trading workshop series sponsored by the International Water Association and supported by […]