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New book uncovers carbon trading flaws ahead of UN climate talks |
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Carbon Trade Watch
| Tuesday, 24 November 2009
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 At a time when Copenhagen talks and the Kyoto Protocol seem likely to
end in failure, calling for an entirely different framework for
addressing the climate crisis may seem like madness. Carbon Trading:
How it works and why it fails, produced by the Transnational
Institute’s Carbon Trade Watch Project, is sure to change your mind.
The accessible, well-researched book provides a devastating critique of
both the theory and practice of carbon trading, which lie at the heart
of global climate policy. It shows how the European Union Emissions
Trading Scheme, the world’s largest carbon market, has consistently
failed to ‘cap’ emissions, while the UN’s Clean Development Mechanism
(CDM) routinely favours environmentally ineffective and socially unjust
projects.
The book includes original research with compelling case studies of CDM
projects in Brazil, Indonesia, India and Thailand that have proved to
be fraudulent, based on dispossession and human rights abuses, and led
to strong resistance from communities in the Global South.
The book reveals how carbon trading is only a very recent invention by
business and political elites that undermines existing environmental
legislation and diverts from planning a rapid transition away from
current fossil fuel expansion. It points to a plethora of ways forward
without carbon trading - from subsidy shifting to regulation – based on
local knowledge and political organising if climate change is to be
addressed in a just manner.
The authors, Tamra Gilbertson and Oscar Reyes, are both researchers
with Carbon Trade Watch. The project combines high quality research and
integration with social movements worldwide which has made it a
respected commentator on global climate policy since 2002. The new book
is published by the Dag Hammarskjöld Foundation ( www.dhf.uu.se) as part of its Critical Currents series.
WHAT PEOPLE ARE SAYING:
"Anyone who still thinks that creating a carbon casino can solve our
climate crisis owes it to themselves to read this book. The most
convincing and concise challenge to the green profiteers yet."
- Naomi Klein, author, the Shock Doctrine
"Carbon trading is a scandalous story of economic
dogma, government-business collusion, windfall profits, and promotion
of emissions-intensive growth, compounded by speculative sub-prime
trading and creation of divisions within vulnerable communities. This
incisive analysis demolishes many myths and argues for sustainable
solutions to the climate crisis."
- Praful Bidwai, Delhi-Based journalist and author of An India that can Say Yes: a Climate-Responsible Development Agenda for Copenhagen and Beyond
"This book is an invaluable contribution to understanding the
pitfalls of relying on the carbon markets to save the world's poor and
the planet"
- Meena Raman, Third World Network
“The transition to a post-oil model is inevitable but instead of
starting this process, it is delayed by barriers and traps such as the
carbon market. This book teaches us how this barrier works and what
there is behind this new trap of green capitalism. It is obligatory
reading for all who fight for a post-oil civilization.”
- Ivonne Yanez, Oilwatch South America
"A clear and enlightening explanation of a problem that vested interests want to make incomprehensible. Great job."
- Ana Filipini, coordinator of the Latin American Network Against Monoculture Tree Plantations
- Surya P Sethi, Down to Earth
To obtain a printed copy, contact Nina Brenjo (nina.brenjo AT tni.org) +31-20-6626608
For interviews and comments:
Tamra Gilbertson – Email:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Phone: +34 625 498 083
Oscar Reyes – Email:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
; Phone: +44 7739 827 208
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2012 Carbon Trade Watch