Greens and Big Industry Are the Baptists and Bootleggers of Climate Policy

Mr. Trump’s exit from the Paris Treaty suggests that we might be observing the start of a new chapter in America’s environmental saga – a disturbance in how the Bootlegger-Baptist framework normally functions to support costly environmental regulations. But do not bet against the environmental coalition in the longer term. It is, after all, strong, well organized, and loaded with deep-pocket bootleggers. And remember, the market is the ultimate environmental regulator, and market forces seem to be calling for a cleaner world.