Climate Capitalism

Global Warming and the Transformation of the Global Economy

Author: Peter Newell,Matthew Paterson

Publisher: Cambridge University Press

ISBN: 0521127289

Category: Business & Economics

Page: 205

View: 6510

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Explores how we should react to the political dilemmas of adapting the global economy to confront climate change.
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Sustainable Capitalism and the Pursuit of Well-Being

Author: Neil E. Harrison

Publisher: Routledge

ISBN: 1135097453

Category: Business & Economics

Page: 204

View: 2954

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Sustainable development is the central challenge of the 21st Century. How can human civilization continue to develop without destroying the natural systems on which it depends?Environmentalists tell us that capitalism is the problem because it feeds our self-interest. They tell us that we have to restrain ourselves and only consume what the Earth can sustain. Or governments must tell us what we can and cannot buy. This book uses the science of complex systems to explain why governments cannot deliver sustainability or happiness and how self-interest can be used to make society sustainable. Capitalism won the Cold War; until the Great Recession of 2008, it seemed to be the perfect system. But more of us are unhappy even as it has ravaged the planet. The central problem is the paradigm on which our social systems are founded that more (consumption, production, possessions) is always better. Based on research from political economy, philosophy, and psychology, this book shows that the problem is not self-interest. We are unhappy because we have been taught that our interests are material and that buying 'stuff' will make us happy. Yet, social pressure to consume only prevents us from satisfying our basic psychological needs and fully enjoying life. For that we need to pursue our personal well-being. Because this also reduces our material consumption, environmental sustainability comes from each of us knowing what's truly good for our selves. Even without the constant economic growth that harms the planet and damages our lives, capitalism also is sustainable. This book will be of interest to scholars and students of sustainability;civil societyactivists and social entrepreneurs; thought leaders and policymakers. .
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The New Carbon Economy

Constitution, Governance and Contestation

Author: Peter Newell,Max Boykoff,Emily Boyd

Publisher: John Wiley & Sons

ISBN: 1118315944

Category: Science

Page: 276

View: 3108

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The New Carbon Economy provides a critical understanding ofthe carbon economy. It offers key insights into the constitution,governance and effects of the carbon economy, across a variety ofgeographical settings. Examines different dimensions of the carbon economy from arange of disciplinary angles in a diversity of settings Provides ways for researchers to subject claims ofnewness and uniqueness to critical scrutiny Historicizes claims of the 'newness' of the carbon economy Covers a range of geographical settings including Europe, theUS and Central America
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Towards a Cultural Politics of Climate Change

Devices, Desires and Dissent

Author: Harriet Bulkeley

Publisher: Cambridge University Press

ISBN: 1107166276

Category: Business & Economics

Page: 224

View: 973

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This book develops new perspectives on the cultural politics of climate change and its implications for responding to this challenge.
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Climate-Challenged Society

Author: John S. Dryzek,Richard B. Norgaard,David Schlosberg

Publisher: OUP Oxford

ISBN: 0191510831

Category: Political Science

Page: 168

View: 6087

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This book is an original, accessible, and thought-provoking introduction to the severe and broad-ranging challenges that climate change presents and how societies can respond. It synthesizes and deploys cutting-edge scholarship on the range of social, economic, political, and philosophical issues surrounding climate change. The treatment is introductory, but the book is written "with attitude", for nobody has yet charted in coherent, integrative, and effective fashion a way to move societies beyond their current paralysis as they face the challenges of climate change. The coverage begins with an examination of science, public opinion, and policy making, with special attention to organized climate change denial. The book then moves to economic analysis and its limits; different kinds of policies; climate justice; governance at all levels from the local to the global; and the challenge of an emerging "Anthropocene" in which the mostly unintended consequences of human action drive the earth system into a more chaotic and unstable era. The conclusion considers the prospects for fundamental transition in ideas, movements, economics, and governance.
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What's Wrong with Climate Politics and How to Fix It

Author: Paul G. Harris

Publisher: John Wiley & Sons

ISBN: 0745670431

Category: Political Science

Page: 256

View: 4537

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Governments have failed to stem global emissions of carbon dioxide and other greenhouse gases causing climate change. Indeed, climate-changing pollution is increasing globally, and will do so for decades to come without far more aggressive action. What explains this failure to effectively tackle one of the world's most serious problems? And what can we do about it? To answer these questions, Paul G. Harris looks at climate politics as a doctor might look at a very sick patient. He performs urgent diagnoses and prescribes vital treatments to revive our ailing planet before it's too late. The book begins by diagnosing what’s most wrong with climate politics, including the anachronistic international system, which encourages nations to fight for their narrowly perceived interests and makes major cuts in greenhouse pollution extraordinarily difficult; the deadlock between the United States and China, which together produce over one-third of global greenhouse gas pollution but do little more than demand that the other act first; and affluent lifestyles and overconsumption, which are spreading rapidly from industrialized nations to the developing world. The book then prescribes several "remedies" for the failed politics of climate change, including a new kind of climate diplomacy with people at its center, national policies that put the common but differentiated responsibilities of individuals alongside those of nations, and a campaign for simultaneously enhancing human wellbeing and environmental sustainability. While these treatments are aspirational, they are not intended to be utopian. As Harris shows, they are genuine, workable solutions to what ails the politics of climate change today.
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The Politics of Green Transformations

Author: Ian Scoones,Melissa Leach,Peter Newell

Publisher: Routledge

ISBN: 1317601114

Category: Business & Economics

Page: 220

View: 8242

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Multiple ‘green transformations’ are required if humanity is to live sustainably on planet Earth. Recalling past transformations, this book examines what makes the current challenge different, and especially urgent. It examines how green transformations must take place in the context of the particular moments of capitalist development, and in relation to particular alliances. The role of the state is emphasised, both in terms of the type of incentives required to make green transformations politically feasible and the way states must take a developmental role in financing innovation and technology for green transformations. The book also highlights the role of citizens, as innovators, entrepreneurs, green consumers and members of social movements. Green transformations must be both ‘top-down’, involving elite alliances between states and business, but also ‘bottom up’, pushed by grassroots innovators and entrepreneurs, and part of wider mobilisations among civil society. The chapters in the book draw on international examples to emphasise how contexts matter in shaping pathways to sustainability Written by experts in the field, this book will be of great interest to researchers and students in environmental studies, international relations, political science, development studies, geography and anthropology, as well as policymakers and practitioners concerned with sustainability.
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Transnational Climate Change Governance

Author: Harriet Bulkeley,Liliana Andonova,Michele M. Betsill,Daniel Compagnon,Thomas Hale,Matthew J. Hoffmann,Peter Newell,Matthew Paterson,Charles Roger,Stacy D. VanDeveer

Publisher: Cambridge University Press

ISBN: 1139993399

Category: Law

Page: N.A

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The world of climate politics is increasingly no longer confined to the activities of national governments and international negotiations. Critical to this transformation of the politics of climate change has been the emergence of new forms of transnational governance that cut across traditional state-based jurisdictions and operate across public and private divides. This book provides the first comprehensive, cutting-edge account of the world of transnational climate change governance. Co-authored by a team of the world's leading experts in the field and based on a survey of sixty case studies, the book traces the emergence, nature and consequences of this phenomenon, and assesses the implications for the field of global environmental politics. It will prove invaluable for researchers, graduate students and policy makers in climate change, political science, international relations, human geography, sociology and ecological economics.
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Carbon Coalitions

Business, Climate Politics, and the Rise of Emissions Trading

Author: Jonas Meckling

Publisher: MIT Press

ISBN: 0262298015

Category: Political Science

Page: 264

View: 9303

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An examination of how a transnational coalition of firms and NGOs influenced the emergence of emissions trading as a central component of global climate governance. Over the past decade, carbon trading has emerged as the industrialized world's primary policy response to global climate change despite considerable controversy. With carbon markets worth $144 billion in 2009, carbon trading represents the largest manifestation of the trend toward market-based environmental governance. In Carbon Coalitions, Jonas Meckling presents the first comprehensive study on the rise of carbon trading and the role business played in making this policy instrument a central pillar of global climate governance. Meckling explains how a transnational coalition of firms and a few market-oriented environmental groups actively promoted international emissions trading as a compromise policy solution in a situation of political stalemate. The coalition sidelined not only environmental groups that favored taxation and command-and-control regulation but also business interests that rejected any emissions controls. Considering the sources of business influence, Meckling emphasizes the importance of political opportunities (policy crises and norms), coalition resources (funding and legitimacy,) and political strategy (mobilizing state allies and multilevel advocacy). Meckling presents three case studies that represent milestones in the rise of carbon trading: the internationalization of emissions trading in the Kyoto Protocol (1989–2000); the creation of the EU Emissions Trading System (1998–2008); and the reemergence of emissions trading on the U.S. policy agenda (2001–2009). These cases and the theoretical framework that Meckling develops for understanding the influence of transnational business coalitions offer critical insights into the role of business in the emergence of market-based global environmental governance.
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The Need for Green Covenants. Regulating the Green Bond Market

Author: Markus Hoffmann

Publisher: GRIN Verlag

ISBN: 3668251967

Category: Law

Page: 36

View: 3775

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Master's Thesis from the year 2015 in the subject Law - Miscellaneous, grade: B, London School of Economics (Department of Law), course: Environmental Law, language: English, abstract: Green Bonds are a novel form of long term debt financing instruments enabling continued and sustainable economic growth in a finite physical world. The market for green bonds or Climate Bonds comprises of debt instruments, the proceeds of which are Earmarked for use in environmentally friendly projects. Introduced by the European Investment Bank (EIB) in 2007, the market for green bonds has been growing rapidly, reaching the record volume of USD 36.6 billion in 2014. Rapidly growing markets offer a myriad of opportunities for investors, but those opportunities come with certain risks attached. The risk addressed by this paper is a twofold one. Firstly, there is a risk to the environment if the proceeds of earmarked bonds are used for projects that do not actually benefit the environment. Secondly, there is a legal and financial risk to bondholders that arises when issuers of green bonds use funds for purposes other than those set out in the bond indenture. There are two steps that need to be taken in order to address these risks at the same time. First, a uniform standard of what defines a green bond or a specified range of Shades of Green has to be found and implemented. Second, a green bond needs to state explicitly, in its indenture, what purposes the funds will be used for and of what shade of green those purposes are, in order to empower bondholders to take legal action if covenants are broken. These clauses will be referred to as Green Covenants. This paper will start by briefly setting out the threat posed by climate change before continuing to introduce green bonds, explaining how they operate and why they will become part of the solution to climate change. Four varieties of green bonds, issued by four very different entities, will then be examined and it will be shown that there are certain shortcomings they all have in common. This paper goes on by suggesting that these shortcomings can be addressed by introducing stricter and, most importantly, legally enforceable covenants that determine what proceeds of green bonds can be used for. This will be proven by comparing instruments of English Law and United States (US) Federal Law that are currently available to bondholders, with powers a stronger set of covenants will make available to bondholders in the future.
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