1. Free Market Environmentalism
By Terry L. Anderson
and
Donald R. Leal

2. What is Free Market Environmentalism???
It proposes a system of environmental regulation based on private property rights using positive incentives, and market forces to encourage property owners to conserve resources.

3. The line of reasoning People tend to act in a self-centered way.
When a resource is freely available to a number of people, the motive is to take as much as they can before someone else does.
This causes the resource to be overused.

4. The line of reasoning
When a resource is privately owned, the owner can defend that resource legally from others.
Since the owner has the resource to his/her self he/she has an incentive to make tat resource last longer in order to make as much money as possible.
This leads to better conservation on the part of resource owners, and reduces the need for bureaucratic regulation, which saves $$$.

5. Benefits
Environmental Benefits
Economic Benefits (i.e. money)

6. Real World Examples of Free Market Environmentalism
Lumber
Wildlife
Habitat

7. Real World Examples of Free Market Environmentalism Lumber
Ravenna Park: Seattle, Washington.
First privately owned and then the city of purchased it and it fell into public domain.
Environmental benefits when privately owned.
Consequences of land falling into public domain.

8. Real World Examples of Free Market Environmentalism Wildlife
International Paper Company
Management of Wildlife on property for additional revenue.

9. Real World Examples of Free Market Environmentalism: Habitat
Ranching-for-Wildlife: improve habitat for wildlife
Planting trees, improving brush cover
In turn for less stringent hunting guidelines

10. The positive economic effects of Free Market Environmentalism

11. Limiting federal management saves tax payers money
Private parks would be controlled more economically
Less money wasted by bureaucracy
Private parks would have an incentive to make money, since they are a business
National forests have no incentive to make smart choices economically.
National forests in Montana lost $42 million between
Private property is taxable

12. National resources would be managed economically
Private ownership would stop much of the waste of natural resources.
Resources would not be taken to the point of depletion
Water and natural resources as well as animals could be monitored carefully so that problems could be fixed immediately before it is too late

13. Production control=price stabilization
Production will be monitored and kept stable according to current market value.
There will be an even flow of product, keeping prices even as opposed to highs and lows depending on what new cache of resources were found.

14. Upkeep
Private parks would have better upkeep because that park is somebody's business.
New ideas about upkeep management.
Tourism would rise causing a rise in cash flow.

15. Ownership of animals Would be rationed same as national resources.
Would be bought and sold as a commodity depending on highs and lows in population
Would stop over hunting, and under hunting.
Would also work for fisheries and recreational lakes.

16. Free Market Environmentalist Solutions to Existing Problems
Air pollution
Water pollution

17. Free Market Environmentalist Solutions to Existing Problems: Air Pollution
Problem: Air is a commons. When we try to reduce air pollution, everyone benefits, but only a few (the producers of air pollution) bear the greatest cost.
Put a money value on clean air. Polluters would be held responsible for the pollutants they release; either by cleaning up after themselves or paying citizens the difference

18. Free Market Environmentalist Solutions to Existing Problems: Water Pollution
The main problem plaguing all types of pollution is the “whose responsible?” question
If someone owned the water source that was polluted, then it would be easier to decipher who caused the pollution, and who has to take responsibility to clean it up. Easier to place blame on a party.

19. Criticisms of the Free Market Environmentalist Approach
Criticism: Free market environmentalism thinks about problems only in terms of economics, and many environmental issues are hard to quantify in terms of dollar value.
Response: If, say, land developers are willing to pay more for land than environmental groups are, then there is more economic value in selling that land to developers.

20. Criticisms of the Free Market Environmentalist Approach
Criticism: Pays too little attention to distribution of rights.
They’re all rich white people in the environmental movement anyway.

21. Criticisms of the Free Market Environmentalist Approach
Criticism: F.M.E. focuses too much on politics and economics, ignoring other institutions such as communities.
Resp.: You’re just thinking about it the wrong way.

22. Editorials
Bla bla bla. Potato chips are stupid.