ENVR POL 336 Chapter Notes - Chapter 1-2: Climate Change Mitigation, Subprime Mortgage Crisis, Bretton Woods System

• School: Northwestern University
• Department: Environmental Policy & Culture
• Course: ENVR POL 336
• Professor: Thistle Susan

Document Summary

Climate capitalism chapters 1 + 2 peter newell + matthew paterson. De-carbonization of the economy: process of taking the carbon out of the energy we use to run the economy. Climate capitalism: a (cid:373)odel (cid:449)hi(cid:272)h s(cid:395)ua(cid:396)es (cid:272)apitalis(cid:373)"s (cid:374)eed fo(cid:396) (cid:272)o(cid:374)ti(cid:374)ual e(cid:272)o(cid:374)o(cid:373)i(cid:272) g(cid:396)o(cid:449)th with substantial shifts away from carbon-based industrial development; result of de- carbonization of the economy. The threat of climate change is growing. We must work within the market (rather than abandon the system) to solve climate change. This means that developing countries are releasing large amounts of emissions to produce goods that are being shipped to developed nations. In 2005, china emitted 33% of national total ghg through its export-related sectors: we should instead focus on emissions targets from the point of view of consumption not production. This created a debt crisis in the global south, forcing developing countries to use the. Wo(cid:396)ld ba(cid:374)k a(cid:374)d imf to (cid:396)e(cid:272)ei(cid:448)e (cid:272)o(cid:374)ditio(cid:374)al e(cid:373)e(cid:396)ge(cid:374)(cid:272)(cid:455) loa(cid:374)s that fo(cid:396)(cid:272)ed (cid:862)st(cid:396)u(cid:272)tu(cid:396)al adjust(cid:373)e(cid:374)t(cid:863) p(cid:396)og(cid:396)a(cid:373)s upon nations.