'Professor Shi-Ling Hsu, a prolific and highly influential environmental law scholar, has produced an important book on how to address environmental crises. The public policy community will need to take seriously his argument that a market-based economy has appropriate tools to confront these serious problems, by taxing pollution, generating environmental knowledge, and thinking deeply about possible consequences before undertaking investments with long-term impacts. Professor's Hsu clear and dispassionate analysis should also help bridge some gaps in our divided polity.' Richard L. Revesz, AnBryce Professor of Law and Dean Emeritus, New York University School of 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.