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Hans-Werner Sinn, President of Ifo Institute for Economic Research

Please join The School of Public Policy for a brown bag lunch event as we welcome Prof. Hans-Werner Sinn, President of Ifo Institute for Economic Research, to discuss climate change and “The Green Paradox”.

The Earth is getting warmer. Yet, as Hans-Werner Sinn points out, the dominant policy approach – which aims to curb consumption of fossil energy – has been ineffective. Despite policy makers’ efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the curve of CO2 output does not show the slightest downturn. In fact, some proposed solutions are downright harmful. Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply.