"Liberty is not a means to a political end. It is itself the highest political end." -Lord Acton
Friday, April 24, 2009
Capitalism is good for the environment?
Well, sort of... A recent New York Time article finds that as a country's per capita income goes up their carbon emissions go down. Furthermore, increased regulations on poor countries emissions will hurt the cause in the long run as it will take longer for their economic situation to improve. This new "Kuznets Curve" is leading researchers to believe that wealthy countries naturally cut carbon emissions according to the curve... What do you think?