By Elmar Altvater, Achim Brunnengräber
The international is dealing with numerous critical demanding situations on the shut of the fossil and nuclear power regime: the restricted assets of inexpensive traditional oil can basically be surmounted by means of tapping unconventional oil reserves, e.g. deep sea oil. The explosion of the oil platform Deepwater Horizon in 2010 and the following oil spill prompted huge, immense harm, which even a 12 months later can't be absolutely anticipated. one other much more very important hazard emanating from the fossil and nuclear strength regime has been dropped at our cognizance via the Fukushima catastrophe. final yet no longer least, the matter of weather switch as a result of a rise in greenhouse gasoline emissions is looming, even though the overseas neighborhood has agreed on a substantial aid of those emissions. is that this bad results of the Kyoto Protocol and the failure of successive weather meetings the final result of a choice for using market-based tools? nearly all of weather scientists, economists, and politicians think within the potency of “cap-and-trade” laws. They even conceive them as a constituent aspect of a “Green New Deal” or “Global eco-friendly Recovery”. The contributions during this quantity offer a severe exam of the theoretical foundations, the political implications, and the empirical studies of the appliance of marketplace mechanisms and fiscal tools to weather coverage.
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After Cancún: Climate Governance or Climate Conflicts by Elmar Altvater, Achim Brunnengräber