Climate, Economics & Green Capitalism – LPE Project

Plan Halmahera: Industrial Urbanism, Rechargeable Batteries, Replaceable Bodies

Caroline Parker — Thu, 06 Jul 2023 10:20:00 +0000

This post is part of our ongoing series on climate, economics, and “green capitalism.” Read the rest of the posts here. *** From the boardrooms of global energy conglomerates, a tiny island called Halmahera has been targeted as a key element of the so-called green economy. To use a code-phrase from the arsenal of corporate-state managers, Halmahera is part of a “nature-based solution.

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Damage Functions (Or Why I Am Mad at Economists)

Caroline Parker — Tue, 13 Jun 2023 10:20:00 +0000

This post is part of our ongoing series on climate, economics, and “green capitalism.” Read the rest of the posts here. *** I think I had never heard of William Nordhaus until he was awarded the Nobel Prize in Economics in 2018. The award was bestowed in recognition of his work modeling the costs and benefits of acting on climate change through limiting emissions. At the time...

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Risk-Rating and Networked Authority: A Climate Leviathan in Formation?

Caroline Parker — Mon, 12 Jun 2023 10:30:00 +0000

This post is part of our ongoing series on climate, economics, and “green capitalism.” Read the rest of the posts here. *** The most recent IPCC report confirmed climate policymakers’ worst fears: the world is still well on its way to catastrophic warming. As policymakers and activists continue to debate what must be done to avert the most damning effects of climate change, they face other...

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Net-Zero Emissions: Good Climate Science, Bad Climate Policy

Caroline Parker — Thu, 08 Jun 2023 11:00:00 +0000

This post is part of our ongoing series on climate, economics, and “green capitalism.” Read the rest of the posts here. *** In March, the IPCC released a devastating summary of its forthcoming “synthesis report” on recent climate research. In addition to cataloguing the horrors expected to result on our current climate trajectory, it reiterates the only surefire way to halt these trends: “From a...

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Renewable Power: Who Will Own the Clean Energy Future?

Caroline Parker — Tue, 06 Jun 2023 11:00:00 +0000

This post is part of our ongoing series on climate, economics, and “green capitalism.” Read the rest of the posts here. *** The Inflation Reduction Act (IRA) has been hailed as the most significant piece of federal climate legislation ever enacted in the United States. Although it has not had much competition on that score, the IRA does promise to unleash hundreds of billions of dollars for the...

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Offset Frontiers, Fossil Capitalism and the Law

Caroline Parker — Mon, 05 Jun 2023 11:30:00 +0000

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 will nudge them to reduce emissions and direct growth in a “green” direction. Thirty years later, as we barrel towards catastrophic warming, the lodestar of green capitalism looks more like an illusion. Nevertheless...

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