Resources: Green economy

Closing a so-called "funding gap for biodiversity conservation" was one of the critical topics at the 16th Conference of the Parties (COP 16) to the UN Convention on Biological Diversity (CBD), recently concluded in Colombia.

This "funding gap" was estimated to be $700 billion in Goal D of the Kunming-Montreal Agreement, on the basis of a report, Financing Nature, published in 2020.

Taking the example of fisheries and ocean conservation, this article shows that the $700 billion figure is based on highly dubious calculations and assumptions.

For decades, students of environmental law were taught that global warming was a problem of unpriced externalities. Smart policy entailed sending price signals to market actors that nudge them to reduce emissions and push growth in a “green” direction. Thirty years later, as we barrel towards catastrophic warming, this lodestar of green capitalism increasingly looks to have led intellectuals down the wrong path. Nevertheless, many of the models and methods of 1990s environmental economics continue to circulate unquestioned in law school classrooms and beyond.

A pamphlet issued by People and Nature (www.peoplenature.org) brings together contributions from three authors to a recent forum on the role of fossil fuels and the meaning of "energy" in capitalist society. The discussion emphasizes the importance of analyzing commodities, commons, class, history and physics when talking about transitions away from fossil fuels and from capitalism.

Francesco Panie of the Italian environmental magazine La Nuova Ecologia interviews Larry Lohmann about how carbon markets work and why, even after 20 years of making climate change worse, they continue to befuddle many environmentalists and professors.

This half-hour presentation suggests that worldwide climate movement-building can benefit by striving toward more critical and historically-informed understandings of climatology, thermodynamics, green energy theory and dominant types of apocalypse thinking.

None of these four currents of thought, it argues, can form part of a realistic basis for global climate movement-building until the whiteness of each is better understood and worked on, particularly by middle-class climate activists from the global North.

What is business getting itself into in its embrace of so-called artificial intelligence? What is it getting the world into? In approaching these questions, it may be useful to set aside the term "artificial intelligence" in favour of "interpretation machines." To do so, argues this version of an essay published in Socialist Register 2021, is to point to ecological and political continuities between 19th-century and 21st-century automation -- continuities that may help clarify strategies for popular struggle.

The 2021 Mekong ASEAN Environment Week, organized around the theme of "Redesigning ASEAN: People's Voices in World Crisis" (https://maew2021.simdif.com/), featured a panel on "Sharing the World with ASEAN" (the Association of Southeast Asian Nations).

The Corner House contributed a presentation on the global "green economy". A PDF version is available upon request from The Corner House, in either Spanish or English.

The last 10 years have seen unprecedented efforts to automate whole new ranges of human and nonhuman activity: trust, recognition, identification, care, respect, translation and interpretation itself.

This presentation at a recent conference at the University of Jena takes the view that contending with bioenergy development effectively will require social movements to respect – but also to update carefully – Marxian accounts of capital accumulation that tie together the labour theory of value, surplus accumulation, the “contradictory unity” of living and dead labour, mechanization, “vampirism,” class struggle, and the tendency toward falling profit rates.

California’s Air Resources Board has postponed until April 2019 any decision on whether to endorse a Tropical Forest Standard (TFS). The TFS purports to be a step toward ensuring the "environmental integrity" of schemes to use carbon-storing forests to generate greenhouse gas pollution rights for California industry. The postponement came after a 15 November 2018 public meeting featuring testimonies by academics and activists criticizing the TFS.

Putting a price on carbon isn't a serious strategy for addressing climate change. It can’t touch the roots of the problem, and isn't designed to. However, it continues to be embraced by business and the state because it's effective in delaying and diverting action on global warming.

An illustrated 13-page paper arguing these points -- based on a presentation at the University of Sheffield -- is available from The Corner House on request.

In its never-ending struggles to get the upper hand over workers, business has often dreamed of perpetual motion machines: devices that could deliver work without workers or the fossil fuels needed to power the engines that discipline them. The dream can only ever be a dream, however. Not only are perpetual motion machines physically impossible. Even if they could be built, they would destroy capital itself. Business cannot do without the human and nonhuman activity that it coopts, degrades and exhausts in cycle after cycle, because it is the source of the value it seeks.

What are the effects of capital’s restless attempts to appropriate unpaid cleanup work done by humans and the rest of nature? Neglect of this question has led to repeated confusions about what waste is and how it might better be approached. A refreshed perspective is especially important in an era in which discussions about solid waste have come to focus largely on landfills and climate discussions to focus on real or imaginary carbon sinks.

All carbon offsets, biodiversity offsets, water offsets and so forth are premised on the idea that there can be criteria for distinguishing between “additional” and “nonadditional” projects. But there can be no such criteria.

Classically, environmental racism is defined in terms of the racialized distribution of pollution. But it's also about the ways people, ethnic groups, nature and pollution are co-defined in the first place. This aspect of environmental racism is perhaps even more visible in forests than elsewhere, argues this piece from the World Rainforest Movement Bulletin, available here in English, French and Portuguese.

A Spanish-language version of the article is also available from The Corner House upon request.

The new "nature" consisting of environmental services is being designed to serve existing industrial powers and perpetuate the destructive logic of capital, not to modify or overturn it. Like older capitalist natures of "resources" and militarized "conservation", this new nature is colonialist in numerous respects. A presentation from a workshop at the Universidad Andina Simón Bolívar in Ecuador offers visual illustrations of these points. The powerpoint is available from The Corner House on request in both Spanish and English.

Social justice, political organising and alliance-building were among the themes raised by The Corner House at a 2015 academic conference on resource politics.

"Let's internalize the externalities" has become an important slogan of the new "green economy". Its logic is evident in the Kyoto Protocol, the UK's plans for a "net zero" economy, countless regulatory projects advised by environmental economists, and even in financial markets' efforts to commodify radical uncertainty.

But is this a solution for the environmental and social problems thrown up by capital accumulation, or a perpetual motion machine that functions merely to create more problems and business opportunities? A presentation delivered at the Institute for Social Studies in The Hague (available from The Corner House upon request) argues otherwise.

Proposals for greening the economy necessarily involve the greening of finance as well. But how is a greener finance to be achieved? Activist strategies that fail to take stock of where finance is today in the wake of the 2007-08 breakdown -- and the struggles that are continuing to develop between neoliberalism and the commons -- are unlikely to succeed, and may actually do harm.

A powerpoint presentation setting out these arguments is available upon request to The Corner House.

The growing trend toward constructing environmental service markets is a response not just to ecological crisis but also to business crisis – in particular the prolonged profitability crisis that set in during the 1970s.