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Shutting Down the Fog Machine

Author

Listed:
  • Gar W. Lipow

    (Independent journalist, Olympia, WA, USA)

Abstract

The RRPE article, “Left Clouds Over Climate Policy Change†(Hahnel 2012a: 83-89), includes stringent and radical proposals to solve two additionality problems in project-level carbon offsets. Its failure suggests carbon offsets are irreparably broken. National penalties for non-additionality, intended to shift regulatory incentives, fail to solve the principal/agent problems addressed. Modifying standards for emission cap measurements in order to solve additionality problems in land use change and forestry (LUCF) overlooks technical obstacles and political consequences.

Suggested Citation

  • Gar W. Lipow, 2015. "Shutting Down the Fog Machine," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(2), pages 231-242, June.
    • Handle: RePEc:sae:reorpe:v:47:y:2015:i:2:p:231-242
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    More about this item

    Keywords

    carbon markets; clean development mechanism; offsets; climate crisis; climate justice; carbon capture and storage; sequestration;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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