climate
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‘Unjust transitions and false prophets’At ‘Resisting Green Imperialism: fighting for a socially just transition’ hosted by London Mining Network in November, it was clearer than day from a range of stakeholder voices (indigenous, groups, women weavers, food sovereignty advocates, NGOs, researchers): the current plans for transition to green energy are neither just or ‘green’: they
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Carbon credits and tradable pollution permits are in effect markets for the right to pollute. Carbon markets purport to reduce emissions by setting a physical cap on the volume of emissions for a region e.g EU, divided into tradable permits and allocated to firms to be traded on a secondary market; in theory it incentivises
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Tunnel vision on net zero emissions ignores, or even increases the rate of material throughput and thus natural resource extraction. For a couple of reasons. Capitalism’s internal logic is to accumulate involving expropriation; to create surplus and thus to seek out new ways to extract. Jevon’s Paradox is the idea that more energy efficient production
Elevate Economics 