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From Market Failure to Market-Based Solution Policy Lessons from Clean Air Legislation

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How can the United States balance its need for increased energy production with national and global environmental concerns? This Economic Commentary argues that competitive markets can be used to address environmental needs without placing an excessive burden on citizens.

How can the United States balance its need for increased energy production with national and global environmental concerns? This Economic Commentary argues that competitive markets can be used to address environmental needs without placing an excessive burden on citizens.


Suggested citation: Pelz, Eduard A., and Terry J. Fitzgerald, 2001. "From Market Failure to Market-Based Solution Policy Lessons from Clean Air Legislation," Federal Reserve Bank of Cleveland, Economic Commentary, 08.01.2001.

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