Tuesday, August 10, 2010

The "Free Market" - Successful Environmental Self-Regulators. Or Not.

"We support a clean and healthy environment and sensible use of our natural resources. Private landowners and conservation groups have a vested interest in maintaining natural resources. Pollution and misuse of resources cause damage to our ecosystem. Governments, unlike private businesses, are unaccountable for such damage done to our environment and have a terrible track record when it comes to environmental protection. Protecting the environment requires a clear definition and enforcement of individual rights in resources like land, water, air, and wildlife. Free markets and property rights stimulate the technological innovations and behavioral changes required to protect our environment and ecosystems. We realize that our planet's climate is constantly changing, but environmental advocates and social pressure are the most effective means of changing public behavior." (Libertarian Party Platform 2.2 Environment)

Essentially the only thing I agree with from the above statement is that social pressure can be a very effective change element. As for the rest of the sentiments included in this portion of the Libertarian Party platform, all I can ask is....seriously? Pictures tell the tale better than I ever could. The following are all man-made disasters which entirely or largely resulted from carelessness and the "free market" working to squeeze a few percentage points of additional profit. These, of course, are just a small sampling of careless incidents and in some cases criminal incidents of the private sector.

The private sector has done things to advance environmental causes and those efforts should be wildly applauded. However, our track record certainly does not indicate that the private sector can operate without regulation. Likewise, the government cannot or should not operate without supervision. The private and public sectors should serve as counter weights keeping each other in check. Sometimes, unfortunately things fall out of balance.

Love Canal is a neighborhood in Niagara Falls, NY which became the subject of national and international attention, controversy, and eventual environmental notoriety following the discovery of 21,000 tons of toxic waste that had been buried beneath the neighborhood by Hooker Chemical.

Summitville mine was a gold mining site in Rio Grande County, Colorado 25 miles (40 km) south of Del Norte. It is remembered for the environmental damage caused in the 1980s by the accidental leakage of mining by-products into local waterways and then the Alamosa River.


Upper Big Branch mine, West Virginia - 29 dead

Deepwater Horizon Gulf Oil "Spill" - 11 dead, thousands of lives in shambles

Dead whale--20 years later Alaskan beaches remain polluted by oil from the Exxon Valdez spill.


Enbridge Energy Partners spill, Kalamazoo River--2010

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