These days, being a climate activist can easily get you arrested -- or worse. But the bigger danger -- especially for activists in industrialized countries -- may be that of being seduced into expending all your energies promoting "solutions" that turn out to be bogus.

40. Studying the financial crisis and the climate crisis together can provide useful tools for understanding how to tackle both. Overconfident commodification of uncertainty (in the form of a trade in new and complex derivatives) helped precipitate a global economic crash. Overconfident commodification of climate benefits (in the form of a trade in carbon) threatens to hasten an even worse catastrophe.


Cuando los mercados son veneno: Aprender sobre política climática de la crisis financiera

El estudio simultáneo de la crisis financiera y la crisis climática puede proporcionar herramientas útiles para hacer frente a las dos. Los intentos imprudentes de mercantilizar incertidumbres (en la forma de un mercado de derivados complejos) ayudaron a provocar una crisis económica mundial. Los intentos irresponsables de comercializar el clima amenazan con contribuir a una catástrofe aún peor.

Here is the long-awaited latest issue of a magazine aimed at returning the dialogue about climate change and its solutions to the "public space." Featured are pathbreaking articles uncovering the reality of UN-sanctioned "carbon saving" projects in the metals, hydroelectric, wind power, chemicals, waste management and electricity generating sectors, as well as analyses of the political economy of the scientific controversies over the monsoon and over Asia's so-called "brown cloud" of pollution.

A talk at a Cardiff Business School conference on the insights from political organising that can help not only understand what caused the financial crisis but also develop ways forward that could ensure it is not repeated and that finance serves a public purpose.

This short contribution to a Forum discussion on climate change in the journal Global Social Policy outlines how and why the climate solution requires turning away from fossil fuel dependence and how the main official approach to the climate crisis worldwide -- building a single, liquid global carbon market worth trillions of dollars -- is likely to make climate change worse, not only exacerbating its social impacts but also generating negative impacts of its own.

Overpopulation arguments in climate debates serve to delay making structural changes in North and South away from the extraction and use of fossil fuels; to justify increased and multiple interventions in the countries deemed to hold surplus people; and to excuse those interventions when they cause further environmental degradation, migration or conflict. Population numbers, in sum, offer no useful pointers toward policies that should be adopted to tackle climate change.

This book presents case studies and critiques of carbon offset markets from around the world, emphasizing how this pillar of current mainstream climate policy affects the lives of communities. The book also presents alternatives to carbon markets which enable communities to live low-carbon lives.

This streamlined sequel to the 2006 book Carbon Trading brings climate activists up to date with the disastrous record of carbon trading -- which in the wake of the debacle at the Copenhagen climate negotiations continues to be world elites' main response to climate change.

Campaign Against Arms Trade (CAAT) and The Corner House expressed disappointment, anger and outrage at the announcement of a settlement between the UK's Serious Fraud Office (SFO) and BAE Systems of the long-running investigations into alleged bribery and corruption in BAE's arms deals in several African and European countries.

1 October 2009: Campaign Against Arms Trade (CAAT) and The Corner House welcomed the decision of the Director of the UK's Serious Fraud Office (SFO) to begin prosecution proceedings against BAE Systems for "offences relating to overseas corruption". The SFO has been investigating the business activities of BAE Systems in African and Eastern European countries.