ACCTG 1 Lecture Notes - Lecture 26: Earth Summit, Ecological Modernization, Mantra
Document Summary
From crisis to policy innovation: the making of carbon markets. Introduction: this paper argues that the institutionalisation of carbon markets does not represent a move towards the radical transformation of capitalist. If one emits more than its allowance, it will have to buy it from other polluters. Authorities (dnas) in charge act like business development agencies rather than watchdogs (smith): criticism: technology transfer" from north to south involves simple, pre-existing technologies transferred in an inefficient manner (wara). World-ecology" or sequence of ecological regimes": socio-ecological disruption and innovation have characterised capitalism since its origins, driving capitalism"s long history of successive regimes of accumulations, punctuated by period. It is also associated with emergence of struggles over access to land and living space, water, biomass and energy. True" commodities: as recent climate change negotiations show, cc policy is not dictated by the north. Southern elites while perpetuating uneven development and dispossessing non-elites: lohmann, l. (2015).
