Making and Marketing Carbon Dumps
Commodification, Calculation and Counterfactuals in Climate Change Mitigation
by Larry Lohmann
first published 20 September 2005
Although the Kyoto Protocol has failed to gain the support of the United States, the country by whom and for whom it was largely written, environmentalists, politicians and journalists elsewhere generally hail it as a crucial "first step" toward more serious efforts to address global warming.
Yet the Protocol and associated schemes such as the European Union Emissions Trading Scheme are not designed to do what any constructive approach to global warming must do: check the upward flow of fossil carbon into the overflowing above-ground carbon dump. Instead, they attempt to secure the existing global carbon dump mainly for heavy fossil fuel users, while developing speculative new carbon dumps also for elite use.
This approach is confused, regressive and divisive. It is squandering science and technology on scientifically-impossible programmes while taking the climate issue out of the hands of the public and sowing the seeds of future social conflict. Its incoherence can only be countered by a broad political movement.
This article appeared in Science as Culture, Volume 14, issue number 3, September 2005, published by Routledge/Taylor and Francis.
Related articles of interest:
- Upsetting the Offset The Political Economy of Offset Markets
- Carbon Trading How It Works and Why It Fails
- Climate Crisis: Social Science Crisis
- The CO2 Alibi (video)
- Chronicle of a Disaster Foretold? REDD with Carbon Trading
- Climate as Investment
- Unregulatability in Financial and Carbon Markets
- Neoliberalism and the Calculable World The Rise of Carbon Trading
- Uncertainty Markets and Carbon Markets Variations on Polanyian Themes
- What Next? Activism, Expertise, Commons
- Pictures from the Carbon "Offset" Market
- Pictures from the Carbon "Offset" Market: Part 2
- How Carbon Trading Undermines Positive Approaches to the Climate Crisis
- Toward a Different Debate in Environmental Accounting The Cases of Carbon and Cost-Benefit
- Trouble in the Air Global Warming and the Privatised Atmosphere
- Memorandum to the Inquiry into the International Challenge of Climate Change: UK Leadership in the G8 and EU
- Shopping for Carbon A New Plantation Economy
- The Kyoto Protocol Neocolonialism and Fraud
- The Dyson Effect Carbon ‘Offset’ Forestry and The Privatization of the Atmosphere
- The ECGD, Sustainable Energy and Climate Change Recommendations from Friends of the Earth to the ECGD
- Democracy or Carbocracy? Intellectual Corruption and the Future of the Climate Debate
