Suchergebnisse

Makes the case that carbon trading slows the social & technological change needed to cope with global warming by unnecessarily prolonging the world's dependence on oil, coal & gas. It is argued that the dominant neoliberal approach to the crisis, promoted by the US & enshrined in the Kyoto Protocol & the EU Emissions Trading Scheme, is failing. The book starts out by tracing the current climate crisis to the mining of coal, oil & gas, describing the growing political conflict over how to divide up the world's capacity to clean its atmosphere. It goes through the history of carbon trading & how tradable rights are being handed out to the biggest polluters, who can also buy additional pollution credits from projects in the South that claim to be emitting less greenhouse gas than they would have without the investment. The report states that carbon trading is ineffective in dealing with the climate crisis, that it features an unequal system of pollution rights that encourages rent-seeking, inaction & conflicts over property; cannot measure either emissions or carbon 'offsets' adequately; impedes social & Technological innovation & structural change; concentrates pollution in poor communities; licenses pollution using projects that harm communities they are sited in; is unenforceable on a global scale; & impedes public education & discussion. The report includes examples from eleven countries in the South. The last chapter suggests alternative ways for ward citing conventional regulation, public works, legal action, green taxes, popular movements against fossil fuel use, & the shifting of subsidies away from fossil fuels toward renewable energy. Adapted from the source document.