A Market-Based Solution To Global Warming?

Peter Barnes, author of "Who Owns the Sky?" talks with NPR about his free-market approach for reducing global warming.

1 minute read

September 11, 2001, 9:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

" Assigning ownership rights to the sky would seem at first to be an ethical quaguire, and even a bit crass. But entrepreneur Peter Barnes thinks that air rights have the potential to save the ecosystem.Under Barnes' plan, the sky would become everyone's property. He envisions a market-based institution called a Sky Trust, in which a non-governmental agency would set limits on carbon emissions. "[Streaming audio, 6.5 minutes]

Thanks to Abhijeet Chavan

FULL STORY: Who Owns the Sky?

Sunday, September 9, 2001 in National Public Radio

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