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From the Editor
• PERC's Lone Mountain Fellows are an impressive group
  by Laura Huggins

Opinions
• Comments on PERC Reports Summer 2011

Features
• From green energy revolution to green gridlock
  Too many environmentalists in the garden?
  by Brian Steed
• How will we adapt to climate change?
  A free market economist's perspective
  Capitalism's creative solutions for a changing climate
  by Matthew Kahn
• Designing rights-based fisheries programs
  Can market forces balance efficiency-equity tradeoffs in marine fisheries?
  by Kurt Schnier
• Road congestion and its implications for transportation policy
  New roads create more demand for driving
  by Matthew Turner
• Little green lies
  The truth revealed: Environmental bluffs miss big picture
  by Jeff Bennett

Columns
• On Target
  Kermit for president and PERCies for his cabinet
  If you are in favor of economic growth, free markets, and less government, join the Green Tea Party and support Kermit the Frog for president.
  by Terry Anderson
• Tangents
  Property rights in land
  The methods of demarcating land boundaries affect both the value of land and the course of economic progress.
  by Daniel Benjamin

Perspectives
• Impressions
  A market-ready solution for Las Vegas water
  To keep the water running in LasVegas, recognize scarcity and let water rates rise-- double or even triple. Encourage homeowners to trade water rights. Let the market determine how much water people use, not the water police.
  by Andrew Wilson
• Greener Pastures
  – Fishing for an answer
  Farming ocean fish in high-rises
  – Green loans
  Micro finance offering loans to green business start-ups
  – Carbon for water
  Swiss company donates water purification systems in Kenya earns carbon credits in return, and makes a profit.
  by Linda Platts

Q&A - PERC Reports
• Q&A on bees, colony collapse, and adaption
  The impact of bee colony collapse on American agriculture
• Q&A on the origins of American property law
  The evolution of property law in early America
• Q&A on markets and endangered species
  by Michael ‘t Sas-Rolfes

Perspectives
• On the Lookout
  Paying the bill for environmental litigation
  If you sue a federal agency and win, the US government will cover your attorney’s fees and other litigation expenses.
  by Reed Watson