The push for carbon trading is losing steam and the environmental groups are trying to figure out their next move. At the same time, the green investors seeking federal grants for their solar/battery/e-car ventures are also facing an uphill battle. Is environmentalism dead?
Far from it. People still want a cleaner planet and more sustainable living, but the manner in which we have pursued that goal requires rethinking. The past approaches have often pitted the environmental lobbies and the free-market capitalists on opposite sides of the table. One wants more taxes, the other wants less. One wants to create new bureaucracies, the other wants to eliminate them. One wants more laws, the other just wants free money.
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