Enunciados de questões e informações de concursos
Rachel Carson meets Adam Smith
If this new green revolution is to succeed, however, three things must happen. The most important is that prices must be set correctly. The best way to do this is through liquid markets, as in the case of emissions trading. Here, politics merely sets the goal. How that goal is achieved is up to the traders.
A proper price, however, requires proper information. So the second goal must be to provide it. The tendency to regard the environment as a "free good" must be tempered with an understanding of what it does for humanity and how. Thanks to the recent Millennium Ecosystem Assessment and the World Bank's annual "Little Green Data Book" (released this week), that is happening. More work is needed, but thanks to technologies such as satellite observation, computing and the internet, green accounting is getting cheaper and easier. Which leads naturally to the third goal, the embrace of cost-benefit analysis.
According to the text,
Item 1 liquid markets warrant correct prices.
Outras questões do mesmo concurso: ANPEC / ExSN (ANPEC) / 2005
