Would a Paperless Life Make You Happy?

Hugo of Streamlined Mind asks his readers if a paperless life would make you happier:

First of all it’s a good idea to eliminate as much of the incoming paper as possible. Let’s take some time to make a list of all sources of paper sent to us. Bills, obligations and notices, promotional material, things like that. Do we really need them? Do we read all that stuff? […] Do you think you can have a paperless life?