Letting markets help the environment

Letting markets help the environment

THE RECENT forest conference in Portland was, as expected, both well-attended and highly publicized. The scene, however, was more impressive than was the substance. Virtually nothing was resolved. Unfortunately, this is a predictable consequence of political decision-making. And the conference’s politicking and posturing overshadowed that week’s true environmental milestone: the inaugural sale of pollution rights […]

Read More
 Property protection and property rights in harmony

Property protection and property rights in harmony

WHEN considering the proposed “Ancient Forest Summit” or “Timber Summit” (word choice is significant), we should carefully segregate our hopes from our expectations. Yet I’m hopeful that the summit will increase understanding and improve policy. Here’s why. Twenty years ago my colleagues and I at Montana State University advocated market incentives and property rights as […]

Read More