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Economic Commentary

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.

08.01.2001ISSN 2163-3738 EC 8/1/2001

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Pelz, Eduard, 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 8/1/2001.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International