Joanna Cabello, Kevin Smith, Tamra Gilbertson, Walden Bello
16 December 2009
The book contributes to a growing field of critics of carbon markets by highlighting several up-to-date examples of where the system has failed and often led to negative social, economic and environmental impacts in deprived countries.
Although carbon offsets are often presented as emissions reductions,
they do not actually reduce emissions. At best, they move reductions to
where it is cheapest to make them, which normally means a shift from
Northern to Southern countries.
South African based multinational, Sasol, is nominated for the Angry
Mermaid Award for its national and international lobbying campaign to
promote Carbon Capture and Storage (CCS) as a clean solution to the
dirty business of producing liquid fuels from coal and gas. Tristen Taylor of Earthlife Africa Johannesburg tells the story of its many attempts to benefit from carbon trading.
Why are some countries intent on killing Kyoto? Do the reductions targets tell the whole story? Who is paying for it all? This fact sheet answers all your questions about the UN climate talks in Copenhagen.
What is wrong with cap and trade? Who profits from these schemes? What is EU's Emissions Trading Scheme (ETS)? Can cap and trade markets be reformed? This fact sheet answers all your questions about cap and trade.
Producers of the renowned Story of stuff animation have released a new compelling animation that critiques Cap and Trade. TNI's Carbon Trade Watch were part of a team of advisers behind the film. View the animation that is causing a big debate and forward it on.
Seattle offers a lesson to the African negotiators at the climate talks: by walking out - alongside civil society protesters - and halting a bad deal in Copenhagen on December 18, we can together pave the way for subsequent progress.