hi I need examples please with some description and reliable sources. Thanks Fre

Question

hi
I need examples please with some description and reliable sources.
Thanks

Free Market Environmentalism (FME) focuses on improving quality of environment through property rights and markets Belief that free market can be more effective than government in solving environmental issues. When rights to resources are defined and easily defended against invasion, all individuals or corporations, whether potential polluters or potential victims, have an incentive to avoid pollution problems. When air or water pollution damages a privately owned asset, the owner whose wealth is threatened will gain by seeing-in court if necessary-that the threat is abated. liability for pollution is a powerful motivator when a factory or other potentially polluting asset is privately owned

Explanation / Answer

This works for avoiding environmental problems or in reducing the extent of pollution, be it air or water pollution for instance; wealth generated in free markets, such as developed countries, is used for keeping pollution levels low. Economists from Austria, a developed nation in Europe, have worked on Free market environmentalism to bring forth the impact of property rights & free markets rather than initiatives that discourage investment & industrial development.

For instance, water markets & public lands

These resources are not valued and do not require citizens to pay for these; but free market environmentalism lets water markets and fee for usage of public lands pay for keeping pollution levels low.

Property rights price the environment as an asset; giving incentive for preservation rather than making it csr

Examples of free market environmentalism

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