"The headlines from 1986 could just as easily pass for those of today. Signs of impending environmental disaster. Industries slow to act. An alarmed public.
Just replace 1986's scourge of ``acid rain'' with today's ``global warming.'' At the time, poisonous sulfur dioxide emissions from coal-fired power plants were falling as acid rain from the Rockies to the Adirondacks.
The good news, though, is that the government took on the challenge and acted.
Why don't we hear about acid rain anymore? It's because the invisible hand of free-market innovation went to work."
