How free markets are embracing renewable energy
Reaction | January 22, 2019
The recent decision to confirm Santiago in Chile as the host for the 2019 UN Climate Change Conference is fitting and significant. Chile has clearly demonstrated how a market economy can transition the balance of its electricity mix from fossil fuels to renewable energy. It is also one of the most liberal markets in the world, ranking 20th in the Heritage Foundation’s Index of Economic Freedom, just two places below the USA and above Germany, Japan and South Korea.