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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