In the parallel paging problem, there are p processors that share a cache of size k. The goal is to partition the cache among the processors over time in order to minimize their average completion time. For this long-standing open problem, we give tight upper and lower bounds of Θ(log p) on the competitive ratio with O(1) resource augmentation. A key idea in both our algorithms and lower bounds is to relate the problem of parallel paging to the seemingly unrelated problem of green paging. In green paging, there is an energy-optimized processor that can temporarily turn off one or more of its cache banks (thereby reducing power consumption), so that the cache size varies between a maximum size k and a minimum size k/p. The goal is to minimiz...