Market-Based Environmentalism

Market-Based Environmentalism is a strategy that uses economic incentives to protect the environment. Instead of just regulating pollution or resource use through laws, it creates markets for environmental benefits, like tradable pollution permits or carbon credits. This approach encourages companies to innovate and reduce their environmental impact efficiently, as they can profit from lower emissions or by selling permits. It aligns economic interests with environmental goals, making sustainability a part of business decision-making while maintaining economic growth.