The Brave New World of Carbon Trading

By C. Spash. 2009

270 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7519007286b977c4fe6886b3f08fddad353b3572

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In Economics and Econometrics

Citations in the corpus

Bulldozing biodiversity: The economics of offsets and trading-in Nature (2015, background): “Regarding defensive expenditure as positive economic activity is a basic error, although even high profile economic reports, such as Stern et al. (2006), make this mistake (Spash, 2010).”
Economic valuation and the commodification of ecosystem services (2011, background): “In fact, in the decade that followed the mainstreaming of ecosystem service valuation in the 1990s, we have witnessed the exponential establishment of market instruments for conservation (Spash, 2010).”
Motivation crowding by economic incentives in conservation policy: A review of the empirical evidence (2015, background): “Compensation payments can act as “environmental indulgences” (Goodin, 1994), where people believe that they are adhering to the “ethic of a market” (Frey, 1992) and no longer feel the moral responsibility to refrain from doing harm (Gawel, 2001; Frey and Stutzer, 2008; Spash, 2010).”
In markets we trust? Setting the boundaries of Market-Based Instruments in ecosystem services governance (2015, background): “In Europe taxes still remained the preferred economic instruments for some years until the carbon trading system was instituted (Spash, 2010).”
Green growth and climate change: conceptual and empirical considerations (2016, background): “Emission trading systems are particularly vulnerable to these problems because of the complexity of permit markets, difficulties of GHG accounting, questionable offsetting mechanisms, and pressure from existing polluters to allocate permits for free instead of auctioning them (Spash, 2010).”
Soil “Ecosystem” Services and Natural Capital: Critical Appraisal of Research on Uncertain Ground (2016, background): “…the two appears hard to pinpoint sometimes, given that large corporations routinely circumvent the law by buying politicians outright so that political decisions go their way, by lobbying elected representatives to change laws, or by trying to “rig markets for their own benefit” (Spash, 2010).”
Three Decades of Climate Mitigation: Why Haven't We Bent the Global Emissions Curve? (2021, unknown): “Such schemes have suffered from absence of a real cap, extreme price volatility, speculators, and fraud (87, 88) and have failed to drive any significant emission reductions (89).”
The Politics of Sustainability and Development (2016, background): “Carbon trading systems, for example, must make carbon equivalent—commensurable within market systems—and thus link trees fixing carbon in one part of the world with offsets of carbon emissions in another (114, 115).”
In defence of degrowth (2011, background): “…profit-driven political–economic system, the cap-and-trade schemes that end up being accepted and implemented are often lightly regulated ones with low caps, which offer new outlets for accumulation, but little much else (see Spash (2010) and Swyngedouw (2010) for the case of carbon trading).”
Conflicts over industrial tree plantations in the South: Who, how and why? (2011, background): “This article suggests that carbon offsetting in tree plantations may come at the expense of a host of other problems (see UNFF, 2003; Spash, 2010, for opposite views).”
Carbon pricing in climate policy: seven reasons, complementary instruments, and political economy considerations (2017, background): “This has stimulated critiques that (carbon) pricing may be less effective than expected ex ante, because it would reduce proenvironmental behavior of some individuals.(102) However, various studies suggest that at the aggregate level carbon taxes are, if anything, more effective than predicted.”
The Shallow or the Deep Ecological Economics Movement (2013, background): “Something similar is afoot with climate change and carbon markets (Spash, 2010).”