About SPN

The Sustainability Practice Network (SPN) is a NYC-based forum and list server for professionals, academics and students working with corporate responsibility and sustainability issues to build a community based on learning, discussion, information and idea exchange. SPN supports the growth of sustainability practice and bridges disciplines to advance sustainable development by drawing on the knowledge and expertise of its members.

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Tuesday, November 18, 2008
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Market Transformation and
Sustainability
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The leading barrier to sustainability is
market failure. When proper prices are
not attached to shared natural resources,
these can be treated as free inputs for
production or unrestrained consumption-a
classic case of tragedy of the commons.
When the resources are clean air and
access to water, the effects can be felt on
a global scale, requiring innovative
approaches that go beyond national
regulations. The Kyoto Protocol, ratified
by more than 170 countries (one notable
exception being the United States),
highlights the necessity of market
transformation by promoting market
mechanisms, such as carbon trading, to
reduce green house gasses worldwide.


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