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The Green Paradox: A Supply-Side Approach to Global Warming

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A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground.

The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for...