Bring on the global governance: form of environmental regulatory infrastructure
A major environmental disaster may no longer be a question of if, but when, according to a growing number of leading scientists. The multiple threats posed by unrestricted climate change, ozone depletion, and pollution, among others, has made the need for some form of global regulatory infrastructure more urgent than ever. Yet, as the recent G20 summit climate talks made resoundingly clear, the road there will be long, arduous, and full of half-hearted compromises.
Not surprising… just frustrating. This problem can be fixed through the re-enforcement of private property rights. Stop allowing the government to pollute, stop allowing the government to give passes to individuals to pollute, and turn over government owned land to the private sector to foster real, natural incentives to protect that land.
