The Pope: Wrong About Market-Based Solutions

business_ethics_highlights_2In his recent encyclical, Pope Francis argued against market-based approaches to environmental problems. Here is philosopher Joseph Heath explaining what’s wrong with that claim. It’s a short opinion piece, and well worth reading in its entirety. >>>

LINK: Pope Francis’ Climate Error (NY Times)

… [The Pope’s] recent encyclical “Laudato Si,” while forcefully urging action to combat climate change, specifically criticizes the sale of “carbon credits.”

The pope claims that the environment cannot be “safeguarded or promoted by market forces.” Confronting the climate crisis will require a deeper, spiritual transformation of society, replacing “consumption with sacrifice, greed with generosity, wastefulness with a spirit of sharing….”

What do you think?

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