Section A
The role of governments in environmental management is difficult but inescapable. Sometimes,
the state tries to manage the resources it owns, and does so badly. Often, however,
governments act in an even more harmful way. They actually subsidise the exploitation and
consumption of natural resources. A whole range of policies, from farm-price support to
protection for coal-mining, do environmental damage and (often) make no economic sense.
Scrapping them offers a two-fold bonus: a cleaner environment and a more efficient economy.
Growth and environmentalism can actually go hand in hand, if politicians have the courage to
confront the vested interest that subsidies create.
Section AThe role of governments in environmental management is difficult but inescapable. Sometimes,the state tries to manage the resources it owns, and does so badly. Often, however,governments act in an even more harmful way. They actually subsidise the exploitation andconsumption of natural resources. A whole range of policies, from farm-price support toprotection for coal-mining, do environmental damage and (often) make no economic sense.Scrapping them offers a two-fold bonus: a cleaner environment and a more efficient economy.Growth and environmentalism can actually go hand in hand, if politicians have the courage toconfront the vested interest that subsidies create.
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