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Electrifying Pachyderms

Protecting the Aberdares ecosystem required keeping the local people from poaching the wildlife, grazing it with livestock, and cutting the indigenous trees for firewood. A 24-mile electric fence enclosing 850 square miles (one-quarter the size of Yellowstone National Park) could accomplish this task, but only if the locals saw a direct benefit from it. ByContinue reading “Electrifying Pachyderms”

Comments on PERC Reports Summer 2011

A Solution in Search of a problem Thanks to Spencer Banzhaf for his article, “The Case for Cap-and-Trade” as a market application to fossil fuel use. Certainly, once a cap-and-trade system is operating, prices would be set by market trading, responding either to pricing (or taxing) emissions; or setting a quota on allowable emissions. TheContinue reading “Comments on PERC Reports Summer 2011”