Resources: Climate, Power Point

In its never-ending struggles to get the upper hand over workers, business has often dreamed of perpetual motion machines: devices that could deliver work without workers or the fossil fuels needed to power the engines that discipline them. The dream can only ever be a dream, however. Not only are perpetual motion machines physically impossible. Even if they could be built, they would destroy capital itself. Business cannot do without the human and nonhuman activity that it coopts, degrades and exhausts in cycle after cycle, because it is the source of the value it seeks.

The new "nature" consisting of environmental services is being designed to serve existing industrial powers and perpetuate the destructive logic of capital, not to modify or overturn it. Like older capitalist natures of "resources" and militarized "conservation", this new nature is colonialist in numerous respects. This presentation from a recent workshop at the Universidad Andina Simón Bolívar in Ecuador offers visual illustrations of these points.

Carbon trading proponents often assert that trading is merely a way of finding the most cost-effective means of reaching an emissions goal and a source of funding that leaves everything else exactly as it is. In fact, carbon trading undermines a number of existing and proposed positive measures for tackling climate change.

Emissions trading constitutes one part of carbon trading schemes such as those associated with the European Union Emissions Trading Scheme and the Kyoto Protocol. Emissions trading delays structural transition away from fossil fuels, hands out large assets to the biggest polluters, and cannot be enforced globally.