Capitalism and the Environment

Shi-Ling Hsu is the D'Alemberte Professor of Law at the Florida State University College of Law and is the author of The Case for a Carbon Tax and co-author of Ocean and Coastal Resources Law.

• I. Introduction; 2. How capitalism saves the environment; 3. Capital investments create their own political economy; 4. Bloated capital: how capitalism went awry; 5. The case for environmental taxation; 6. What should be taxed?; 7. Generating environmental knowledge; 8. Looking before leaping; 9. Conclusion.

'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