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Kenya sets ablaze 105 tonnes of ivory in fight against poaching

• mizzao 11y ago
  Interesting approach and political statement, but the economist in me really doesn't like it. It seems like making ivory scarce is going to encourage more poaching since demand is high and poaching lucrative. Another approach would have been to dump (or slowly sell) the 105 tons of ivory on the market, driving down prices drastically such that poaching would be very unprofitable. It's unclear if this would have a net positive or negative effect on the long-term demand for ivory, but it seems it would almost certainly reduce poaching in the near future.