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

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The Green Paradox The Green Paradox A Supply-Side Approach to Global Warming Hans-Werner Sinn The MIT Press Cambridge, Massachusetts London, England © 2012 Massachusetts Institute of Technology All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means (including photocopying, recording, or information storage and retrieval) without permission in writing from the publisher. For information on quantity discounts, email special_sales@mitpress.mit.edu. Set in Sabon by Toppan Best-set Premedia Limited. Printed and bound in the United States of America. Library of Congress Cataloging-in-Publication Data Sinn, Hans-Werner. The green paradox : a supply-side approach to global warming / Hans-Werner Sinn. p. cm. Includes bibliographical references and index. ISBN 978-0-262-01668-0 (hardcover : alk. paper) 1. Carbon offsetting. 2. Supply-side economics. 3. Global warming. I. Title. HC79.P55S574 2012 363.738'746—dc23 2011020801 10 9 8 7 6 5 4 3 2 1 for Hans Heinrich Nachtkamp, who taught me intertemporal economics ...