“If people can’t trade water, then they just keep doing the same things that they’ve been doing.” – Reed Watson, executive director of the Property Environment Research Center (PERC) I live in California. You may have heard that it is in a major drought. At the end of the winter in 2015, the snowpack whichContinue reading “Water is Free, Isn’t It?”
Tag Archives: Ronald Bailey
The Bet
The United Nations World Commission on Environment and Development‘s Brundtland Report (1987), Our Common Future, defined sustainable development‘s path as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” It sounds simple. But how do we judge “the ability of future generationsContinue reading “The Bet”
“Hey, I care about the planet—can I go to Rio?”
My latest Green Chain column for the Lake County Record-Bee. Last month the United Nations Conference on Sustainable Development (UNCSD) marked its 20th anniversary of the “Earth Summit,” meeting once again in Rio de Janeiro. In 1992, Earth Summiteers envisioned the future they wanted, which included uplifting the “social and economic development” status ofContinue reading ““Hey, I care about the planet—can I go to Rio?””
Making money out of thin air
What do the South Seas Company and carbon exchanges have in common? A desire to make money from an idea.
Nullius in Verba 