Thursday, April 21, 2011

Green Words vs. Green Deeds

The recession has hollowed out demand for green products that you consume in private.  So, solar panels and the Prius are consumed in public but many other green products are not.  These inconspicuous products appear to be suffering from a sharp decline in sales.  Are economic booms "good" or "bad" for the environment?

1 comment :

Mark Bailey said...

Is green a luxury? If so, why is that? Can't price externalities into product price so when something has to go it's the green?