Can you explain how? Thanks.
Of course. It's my pleasure. According mises.org and Lewrockwell.com, true capitalism solves every problem. In the case of why capitalism will solve the environment, well you see, if somebody DID own the air and water, people would care. So the solution is to let people own the planet, every bit of it. Or, even if they don't own, real humans have something called compassion, and they will magically care for the environment even if it doesn't benefit them. You don't seriously think capitalists only care about money, do you? Nah, that's bankers.
As I mentioned, nobody owns water or air so there is no incentive (cost to the producer) not to pollute it. It is the cheapest method for a profit seeking enterprise to get rid of waste. Where does the economic incentive to polute less come in in a totally free capitalist market?
The market does not always take care of everything.
Market takes care of everything, because socialism takes care of everything wrong. So the only alternative is the market.
The incentive is, that good people will buy from good companies because competition forces them to not pollute, consumers don't like pollution because they have to live with it, so they won't pay people to hurt themselves.
(I don't agree with "carbon taxes" but do feel that we did need some forms of laws to reduce pollution).
CO2 is not a pollution though
