Climate Capitalism: Global Warming and the Transformation of the Global EconomyConfronting climate change is now understood as a problem of 'decarbonising' the global economy: ending our dependence on carbon-based fossil fuels. This book explores whether such a transformation is underway, how it might be accelerated, and the complex politics of this process. Given the dominance of global capitalism and free-market ideologies, decarbonisation is dependent on creating carbon markets and engaging powerful actors in the world of business and finance. Climate Capitalism assesses the huge political dilemmas this poses, and the need to challenge the entrenched power of many corporations, the culture of energy use, and global inequalities in energy consumption. Climate Capitalism is essential reading for anyone wanting to better understand the challenge we face. It will also inform a range of student courses in environmental studies, development studies, international relations, and business programmes. |
Contents
1 Introducing climate capitalism | 1 |
2 Histories of climate histories of capitalism | 11 |
3 Climate for business | 36 |
4 Mobilising the power of investors | 60 |
5 Searching for flexibility creating a market | 78 |
6 Caps trades and profits | 94 |
7 Buying our way out of trouble | 108 |
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Common terms and phrases
accessed action on climate actors allocation allowances carbon credits carbon economy carbon emissions carbon finance carbon markets carbon neutral carbon offset carbon prices carbon trading CDM projects CERs Chapter claim Clean Development Mechanism climate capitalism climate change climate fraud Climate Group climate politics companies corporate create decarbonisation developing countries effect emis emissions reductions emissions trading emissions trading scheme emissions trading systems Environment environmental example fossil fuel Fund GHG emissions global economy Global Warming governments greenhouse gas growth industry institutions investment investors issue J. P. Morgan Kyoto Protocol levels low-carbon low-carbon economy mate change negotiations neoliberal NGOs offset markets offset projects organisations overall problems produced project developers realise reduce emissions regulation renewable energy responses to climate risk sector social South strategies targets technologies tion transformation voluntary carbon market Voluntary Carbon Standard voluntary market World Bank