Free Market Environmentalism

Free Market Environmentalism is an approach that uses market-based principles to address environmental issues. It suggests that private property rights, voluntary transactions, and competition can more efficiently and effectively protect the environment than government regulation alone. By assigning ownership and value to natural resources, individuals and businesses have incentives to conserve and manage them sustainably. Policies like tradable pollution permits exemplify this approach, encouraging innovation and cost-effective solutions through the power of market forces while safeguarding natural assets.