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.
Yoon Geum Sum, a peasant leader in South Korea, joined Trade to Climate Caravan to advocate for the right of small farmers and peasants to produce food locally and sustainably to feed themselves and their communities.
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.
The reason for the failure in Copenhagen is clear - rather than discuss coordinated efforts, countries lobbied for their particular interests. Everything now depends on individual states and their respective blocs.