Archive | Carbon Pricing

Offsetting Democracy

By Kevin Smith The concept underpinning the whole system of carbon trading and offsetting is that a ton of carbon here is exactly the same as a ton of carbon there. That is, if it’s cheaper to reduce emissions in India than it is in the UK, then you can achieve the same climate benefit […]

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Carbon Pricing Problem: It Doesn’t Work

It’s an article of faith among capitalist economists that the best solution to “market failure” is “more markets.” Convert the problem into a commodity, and the market will magically solve it. John Bellamy Foster writes: “For orthodox economists, ecological degradation is evidence of market failure. The market is unable to guide firms in the efficient […]

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Climate Vandals Prepare A Do-Nothing APEC

Climate Vandals Prepare A Do-Nothing APEC

by Zoe Kenny From Green Left Weekly, 29 June 2007Two of the world’s worst climate vandals — US President George Bush and PM John Howard — are preparing their lofty green rhetoric in the lead-up to the so-called “climate change” Asia Pacific Economic Cooperation (APEC) summit in Sydney in September. With a federal election looming, […]

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Australian Socialists Demand Radical GHG Limits

Alliance adopts radical greenhouse gas emissions reduction target May 26, 2007: The Socialist Alliance has adopted radical greenhouse gas emissions reduction targets—95% of stationary power emissions and 60% of overall emissions compared to 1990 levels by 2020, and 90% of overall emissions by 2030. The targets are minima and provisional. In adopting them at its […]

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