Kyoto: a false consensus?
Why have you and your colleagues written a book criticising the
The debate on climate change is usually presented as one between
What’s wrong with carbon trading, in a nutshell?
By allowing the worst polluters to secure huge blocks of pollution rights – and buy still more rights from abroad – carbon trading encourages inaction and blocks innovation. In addition, the measurements of emissions and carbon ‘offsets’ that are needed can’t be made, and global enforcement is impossible.Carbon trading impedes public discussion, and harms communities – mostly in the South – where industry is setting up carbon ‘offset’ projects to license its own continued pollution.
Is that why so much of the book’s research comes from people from the global South?
Yes. In fact, the book’s impetus came largely from concerned colleagues in the South who are concerned about the neocolonialist, undemocratic aspects of carbon trading. In
If carbon trading is so damaging, why is it being so heavily promoted?
It benefits business, at least in the short term. It’s a story not all that different from many others in the long history of privatisation. For example, how did Thatcherism triumph? Or, going further back, how was common land enclosed in various places? Such movements were long processes of political, legal and technical organisation, which may have started small but got very big. We’ve seen a similar thing in climate change. Carbon trading proponents from the
It all looks quite bleak. What do you see as the future for action on climate change?
I think several things are happening at the same time. The first is that carbon trading is collapsing by itself. The market can’t do the measurements, it can’t create a convincing commodity. Earlier this year the EU carbon market crashed. Governments were handing out so many rights to pollute that the rights didn’t have much economic value and the price plummeted. Then, as local people are hurt more and more by the activities of corporations in their neighbourhoods, who are picking up extra subsidies for business as usual from the carbon market, whether it’s biofuel operations or waste gas burning, there’s going to be more political resistance. I expect that in the long term, there will also be opposition from the general public once it starts to sink in that carbon trading is not doing the job it’s pretending to be doing. What’s needed is a political movement in support of more effective approaches that aim at phasing out fossil fuels and opening up a more democratic discussion about how societies need to be reorganised to cope with the threat of climate change.
Ends…
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