Free Market Environmental Protection


With pressure mounting to cut the budget deficit and make U.S. industry more competitive, some Bush administration officials say they have a way to make environmental protection more cost-effective: Offer industries financial incentives to clean up their own acts by charging, them for polluting and rewarding them if they don't. It is a free-market approach to the environment that has gained support even among some environmental groups, but critics worry that it simply will give businesses a license to pollute.

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