Paul Bledsoe

Nota: Este archivo abarca los artículos publicados por el autor desde el 1 de mayo de 2009. Para fechas anteriores realice una búsqueda entrecomillando su nombre.

With more than a million people in China dying prematurely each year from breathing its dirty air, and with warming temperatures portending rising sea levels and disruptions to food production, the centrally planned Communist country is experimenting with a capitalist approach to address the problem: it is creating incentives so that the market — and not the government — will force reductions in emissions.

The United States invented this approach in the 1990s to deal with acid rain. The effort was tremendously successful in reducing sulfur dioxide emissions that were poisoning lakes and streams, contaminating soils and accelerating the decay of buildings, at a cost lower than even its advocates anticipated.…  Seguir leyendo »