Dwarf Green Markets vs. Green Markets: Evaluating their Role in Sustainable Economic Transitions

Abstract

Clean market transition ideas were introduced in general as pollution management markets and as pollution reduction markets transition, in particular dwarf green markets ideas and green markets ideas. There is an environmental pollution production problem separating environmentally dirty traditional markets from environmentally clean markets and there are two ways of dealing with this problem, using dwarf green markets and green markets.  If the goal is to transition from environmentally dirty traditional economies to environmentally clean economies, then understanding which one is friendly, and which one is not friendly to such transition is important for science-based policy-making and for understanding the reasons behind non-science-based policy decision-making.  This makes the following questions relevant: Which markets are environmentally clean economy transition friendly, dwarf green markets or green markets? Why? Among the goals of this paper is to provide answers to these questions. It has been observed that green markets (GM) are environmentally clean economy transition friendly as they create a profitable green margin reduction path that transitions green markets (GM) towards environmentally clean markets (ECLM), partially or fully, step by step.  Hence, using green markets (GM) shows a development road can be created that leads at the end to environmentally clean markets. In conclusion, dwarf green market solutions are partial solutions that lead to permanent environmental market failure, which prevents them from being environmentally clean economy transition friendly, and moves them away from the transition goal as environmental cost externalization is still taking place by means of the remaining environmental margin.