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.
The Paris Agreement required the 196 Parties to the UN Climate Convention to limit temperature increases to 2° or 1.5°C below preindustrial levels. While COP21 benefited from a high degree of mobilization linked to the adoption of an international agreement, COP 22 on the other hand has received rather less attention. Yet the stakes remain significant. In its haste, COP 22, being called the “action COP” or the “agriculture COP”, is in danger of adopting various misguided solutions for agriculture.
The global carbon market grew in 2009. Far from signalling a success, this reflects a massive increase in fraud, the dumping of surplus emissions permits by industry, and a rise in financial speculation.
Emissions trading lies at the crossroads between two of the most controversial faultlines in political-economic debate: Is neo-liberalism an engine of prosperity for all, or a monopolisation of global resources for the few?