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Trading The Earth: The Politics Behind Tradeable Pollution Rights, Sharon Beder
Trading The Earth: The Politics Behind Tradeable Pollution Rights, Sharon Beder
Faculty of Arts - Papers (Archive)
[Extract] Tradeable pollution rights and emissions trading are being increasingly used as an environmental policy tool for pollution control. It allows firms to trade the right to emit specific pollutants. Tradeable pollution rights were originally developed in the USA to cut costs to industry and enable economic growth to continue in highly polluted areas but they are increasingly being used in other countries for air (Moore 1994) and water pollution (James 1994). They are now being proposed as a method for meeting Kyoto Protocol targets for greenhouse gas emissions. Firms such as BP and Shell have already established internal carbon …
Neoliberal Think Tanks And Free Market Environmentalism, Sharon Beder
Neoliberal Think Tanks And Free Market Environmentalism, Sharon Beder
Faculty of Arts - Papers (Archive)
[Extract] The root of the environmental problem, however, is the priority given to economic considerations over environmental considerations. Economic instruments, privatisation and environmental ‘valuation’ ensure that priority is still given to economic goals and they enable firms to make decisions that affect others on the basis of their own economic interests. Even if those economic interests have been slightly modified to give a small economic value to environmental impacts, the basic paradigm remains unchanged: whenever big profits can be made the environment will be destroyed.