Free Markets Are the Best and Fastest Way to Cut Greenhouse Gas Emissions

Free Markets Are the Best and Fastest Way to Cut Greenhouse Gas Emissions

Ron Bailey of Reason wrote on The Climate and Freedom Symposium, hosted by C3 Solutions.

Loris used data from the Heritage Foundation’s Index of Economic Freedom that ranks 180 countries on a 100-point scale evaluating measures such as how well they protect property rights, government size, regulatory efficiency, and openness of their markets. Based on these calculations, the Index labels countries as repressed, mostly unfree, moderately free, mostly free, and free. Loris then compared these economic freedom rankings with Yale University’s Environmental Performance Index, which ranks 180 countries on a 100-point scale, judging their performance with respect to air and water pollution, biodiversity, agriculture, and climate change.

Markets are already playing a clear role in cleaning up the environment. And, generally speaking, the more free market a country is, the cleaner its environment is. A freer market also means that a country’s carbon emissions are already falling. C3 Solutions’ Director of Public Policy Nick Loris made this clear in his report, ‘Free Economies are Clean Economies.‘”

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