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Item Details
| Title:
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THE GREEN PARADOX
A SUPPLY-SIDE APPROACH TO GLOBAL WARMING |
| By: |
Hans-Werner Sinn |
| Format: |
Hardback |
| List price:
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£32.00 |
| Our price: |
£23.36 |
| Discount: |
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| You save:
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£8.64 |
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| ISBN 10: |
0262016680 |
| ISBN 13: |
9780262016681 |
| Availability: |
Usually dispatched within 1-2 days.
 Delivery
rates
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| Stock: |
Currently 4 available |
| Publisher: |
MIT PRESS LTD |
| Pub. date: |
20 January, 2012 |
| Series: |
The Green Paradox |
| Pages: |
288 |
| Translated from: |
German |
| Synopsis: |
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 buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the "Green Paradox": expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a "Super-Kyoto" system -- gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income -- to spoil the resource owners' appetite for financial assets.Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster. |
| Illustrations: |
36 figures, 8 tables |
| Publication: |
US |
| Imprint: |
MIT Press |
| Returns: |
Non-returnable |
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