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When It Comes To Correcting Climate Change, Should Free Markets Or Government Take The Lead?

Ken Silverstein of Forbes asks if free markets or government should take the lead when it comes to correcting climate change.

The C3 Take
  • According to the International Renewable Energy Agency, investments in the clean energy sector now total over $330 billion annually.
  • Free markets and the private sector are advancing clean energy solutions.
  • Free markets and economic freedom are best equipped to lead the way to combat climate change with the government playing a limited role.

“’Fundamentally, we need serious solutions,’ says Drew Bond…’The most serious ones are based on free-market economics,’ he continues. ‘Forcing utilities to buy a certain amount of electricity is a top-down solution. There ought to first be a whole lot of competition. If we can’t achieve there, let’s look at it again.'”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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