Why Environmental Red Tape Can Be Good For Business

Michele Bachman's attack on the EPA is not just an isolated example of environmentalism-as-the-enemy rhetoric from the right. In England too, where the Conservative-Liberal coalition government pledged to be the "greenest government ever", is showing cracks of discontentment as Chris Huhne, the Liberal environment minister, lashes out at Conservative efforts to attack "environmental red tape". Springing to Huhne's defense,Tom Burke over at The Guardian has an excellent piece on why environmental red tape can actually be good for business:

Real businesses with real customers need government to ensure two things above all with regard to environmental regulation. First, that it be predictable in its development and second, that free riders are prevented from getting unfair advantage. Deregulation defeats both.

Tags: Economics | London | United Kingdom


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