Nature causes drought but water shortages are manmade. John Stossel interviews water economist and PERC alum Zack Donohew.
Ecosystem services such as clean water from forests are free, but now their value is being recognized. Entrepreneurs are developing markets for these services and providing incentives for conservation.
Markets for ecosystem services such as water filtration, erosion control, and pollination benefit the providers and enhance environmental assets.
By Zacahry Donohew