A serious property rights violation. (Joe Raedle - GETTY IMAGES) Jonathan Adler, a law professor at Case Western University, has been writing a very interesting series of posts at The Atlantic on conservative approaches to various environmental problems. Here he lays out the libertarian case for tackling climate change:

Policy-wise, Adler explains, a small-government approach to global warming might include things like: a revenue-neutral carbon tax that replaced income taxes, public prizes for innovation, and the stripping away of regulations that inhibit the adoption of cleaner energy. (Ive written a fair bit elsewhere on electric-utility regulations that might be worth a peek.)

Adler also has a post on how property rights in fisheries could help reduce overfishing: The creation of property rights in the underlying resource aligns the incentives of those who work in the fishery with the health of the fishery, he writes. As owners of a share in the catch year-after-year, the fishers have a stake in ensuring there are more fish tomorrow than there are today. Iceland and New Zealand already employ systems along these lines, although theyve been slower to spread to the United States with a few exceptions in places like Alaska and parts of southern California.

See the rest here:

A libertarian approach to global warming