What am I bid for the atmosphere? Or would you like to put in an offer for the oceans? Privatisation of these global “commons” might just be the future of conservation.
In a major publication later this month from Britain’s Royal Society, environmental economists will argue that traditional methods of government-run conservation have failed: protected areas, gene banks and international aid have been found wanting. The economists say it’s time for capitalism to take charge. They want the environment parcelled out to the private sector, with market forces influencing everything from cleaning up our rivers and atmosphere to protecting forests and soils.…
