Free market environmentalism works well for problems pertaining to natural resource allocation, where well-defined property rights solve the problem of excludability. It is less efficient at dealing with environmental goods, such as the provision of clean air, which is nonrival.
What is market based environmentalism?
Free-market environmentalism emphasizes markets as a solution to environmental problems. Proponents argue that free markets can be more successful than government—and have been more successful historically—in solving many environmental problems.
Is Market Environmentalism voluntary?
Free Market Environmentalism: Unregulated voluntary trade that produces good environmental outcomes. Examples of free market environmentalism include: Making fabric out of used plastic.