How to rethink environmental policies from “no” to “go”
Public policy can steer incentives for a more effective response to climate change, says Daniel Esty of Yale University
ENVIRONMENTAL POLICIES are often based on thou-shalt-not rules. They signal to the market what is not desired. Though incentives to spur industry to action also exist, they are overshadowed by these “red lights”. Daniel Esty, an environmental lawyer at Yale University, wants to change this.