Transcript ppt - Vula
EGS1003: Section on International Environmental Justice and the Climate
Change Challenge
Mary Lawhon ([email protected])
This work by Mary Lawhon is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
To some extent, there is a general agreement that
carbon markets are one way through which to respond
to climate change
This is intentionally a very vague sentence!
So, how do we do this?
(the following slides are based on a synthesis of Bond 2010, 2011, and Lohman 2006)
Efficient
◦ Costs can be shared internationally
◦ The best technologies will succeed
Fair
◦ Not about government deciding who gets what, but based on
willingness to pay
Tried & tested
◦ There are precedents for market-based (environmental)
regulation
Based on ecological modernization
Clean Environment is Good for Business
Environmental protection is a source of economic
growth
Green products are a new market
By Sean Wilson/ SEI
By Sean Wilson/ SEI
Proper incentives
Reconceptualisation by business & govt & society
North should transfer technology to South for
environmental protection
Powerful public commitment to science
Strong environmental consciousness
Rights and assets worth billions of dollars were created
by Kyoto
Eventually these rights get taken away to reduce
carbon emissions
Who gets these property rights? And how do they get
them?
How to we measure/enforce?
Property conjured up by regulation
Dependent, even more than ordinary private property
is, on:
◦ a centralised, complex system of government control
◦ belief/assurance in the rights that go with the property (that it
won’t be taken away)
Theoretically: creates an incentive for new
investments in technologies
In practice, much of the costs are simply passed on to
consumers (with companies making profits)
There is now a growing interest- from politicians as
well as business- in developing carbon markets
But for whose benefit?
And with what impact for the climate?
And the poor?
Lohman, Larry. 2006. Carbon Trading: A Critical Conversation on Climate
Change, Privatisation and Power. The Corner House.
http://www.dhf.uu.se/pdffiler/DD2006_48_carbon_trading/carbon_trading_web.pd
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