This book rebuts arguments that reject capitalism in favor of socialism to redress environmental crises and inequality. Saving the environment from industrial harm, Hsu argues, requires changes that harness capitalism's transformative power rather than destroy it. The book is for scholars and students of law, environmental studies, and economics.
The analysis presents a compelling case for implementing a carbon tax as a practical solution to reduce carbon emissions amidst political resistance. Shi-Ling Hsu evaluates four major strategies for addressing CO2 emissions, highlighting that while a carbon tax isn't flawless, it offers immediate action and compatibility with other methods. He delves into the social and political barriers hindering acceptance of this straightforward approach, emphasizing the urgency to overcome these challenges to mitigate a looming global crisis.