Green Economy

A 'Green Economy' is defined as an economy that reduces impact on the environment. Many advocates promote pricing mechanisms for valuing nature as a key way to factor in environmental costs into the economy that are otherwise externalised and ignored. While this may sound a good idea in theory, in practice this ends up extending corporate control into new areas from forestry to biodiversity and even the air (carbon trading), often denying access and undermining the control of marginalised communities.