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PERC honored by gift of Staghorn coral A small piece of Staghorn coral with PERC's name on it is growing in a nursery off the Florida coast—a gift from the 2011 Enviropreneur Institute Fellows. It and other adopted corals will be used to restore damaged reefs to health and beauty. Are you ready to adopt? Gasoline subsidies distort the market PERC Senior Fellow Andrew Morriss appeared on MSNBC's Dylan Ratigan Show to argue that energy prices are all distorted by subsidies. Until people pay the real costs of their energy consumption, there will be no inducement in the market place for technological innovation. Market-friendly effort restores famed New York park New York’s Central Park celebrated the reopening of the East Meadow this week, the last of the great lawns to be restored. The park also looked back at 30 years of private effort by the Central Park Conservancy to raise money and manage the restoration of one of the world’s most beloved parks. The New York Times reports on the success of this market-oriented project and PERC Reports provides details. Forest fires thrive on central management Millions of acres of forest are some of our nation’s greatest natural resources. Managed by the federal government, their streams are polluted, wildlife habitat degraded, and recreational values compromised. Private management, not government, has the right incentive to protect these forests. |