'Capitalism and the Environment proposes nothing less than a dramatic transformation of our existing economic system in support of a more sustainable future. At the heart of Professor Hsu's vision of transformed capitalism lies a structure of environmental taxes meant to: make polluters pay for the harm they cause, create incentives for environmental care, spur innovation, unleash entrepreneurial energy, and flow capital toward environmental restoration. Sweeping in scope with penetrating insights in every chapter, Capitalism and the Environment is essential reading for anyone who cares about moving our planet onto a sustainable trajectory.' Dan Esty, Hillhouse Professor of Environmental Law and Policy, Yale University, and editor of A Better Planet: 40 Big Ideas for a Sustainable Future