Against the grain: who’s fighting the Carbon Markets?

by Joe Perullo The Conference of the Parties serving as the Meeting to the Parties under the Kyoto Protocol, also known as the CMP, began today with the issue of the Clean Development Mechansim (CDM).  Martin Hession, the Chair of the CDM Executive Board (CDM EB), opened the discussion with a report of improvements made to the CDM.  These included improved verifications of proposed projects...

Carbon Markets

by Joe Perullo Lately, the phrase Carbon Markets is what comes to me when I hear the word “controversial.”  Much of the literature I have read on them mentions how the markets are "a horrible distraction from real emission mitigation strategies" and how they "redefine the problem to fit the assumptions of neoliberal economics."  I wouldn’t say I disagree with these statements, but...