Climate Change, Carbon Trading and Civil Society
| Wednesday, 17 December 2008
CAN GLOBAL WARMING BE MITIGATED BY CARBON TRADING?
With climate change posing perhaps the gravest threat to humanity in
coming decades, and with free market economics still hegemonic, it is
little wonder so much effort has gone into creating a carbon market, no
matter how much evidence has recently emerged about its flaws.
A revealing pilot site, South Africa has initiated carbon trading
projects with adverse economic, environmental and social impacts. South
Africa pollutes at a rate twenty times higher than even the United
States, measured by CO2 emissions generated by each GDP dollar per
person, so the idea of trading for carbon reductions is seductive – and
potentially lucrative. Current state policy is supportive and a former
environment minister is a market promoter, alongside the World Bank, the
Dutch government and big oil companies.
'The most destructive effect of the carbon offset trade is that it
allows us to believe we can carry on polluting. This crucially-needed
book provides ample evidence of the trade’s other dangers to
‘beneficiaries’, with case studies of fraud, accounting tricks and
maltreatment of people and the environment.'
George Monbiot, Guardian columnist and author of Heat
Authors: Bond, Patrick Editor Dada, Rehana Editor Erion, Graham Editor
Category: AFRICAN STUDIES Political Science & Theory ECONOMICS
Soft Cover ISBN: 978 1 86914 123 3