The Green Paradox, Nature, Volume 481, p.263 (2012)

Frustrated by "counterproductive" climate policies, economist Hans-Werner Sinn proposes a radical alternative. Policy-makers, he notes, have ignored the oil sheikhs and coal barons who supply the fossil-fuel market. Yet it is they who call the shots, as shown by the 'green paradox' — announcements of future reductions in carbon consumption that drive carbon-resource controllers to bump up production. Sinn's antidote to the ideology that plagues policy-making is a "Super-Kyoto" system: unified countries, coordinated caps and trade, and taxation designed to curb the 'extraction habit'.