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  3. Carbon Markets in a Climate-Changing Capitalism
  • Cited by 20
Publisher:
Cambridge University Press
Online publication date:
February 2019
Print publication year:
2019
Online ISBN:
9781108377591
DOI:
https://doi.org/10.1017/9781108377591
Subjects:
Economics, Earth and Environmental Sciences, Natural Resource and Environmental Economics, Environmental Policy, Economics and Law
Information

Book description

The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.

Reviews

'… the book frames and analyses problems arising from the marketisation of climate change.'

L. A. Reisch and F. C. Doebbe Source: Journal of Consumer Policy

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