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Publication Details

Reference
Bond, Patrick (2007) Privatisation of the Air turns Lethal: Carbon Trading as a Non-Solution to Climate Change. Patrick Bond in N.America to debate carbon trading, 13-19 November : 1-34.

Summary
The passing of Durban environmentalist Sajida Khan in July 2007 reminds us of
the life-and-death consequences of the climate justice struggle, even when
conflict rises over a seemingly arcane topic, emissions trading. The trade is
irrational and fundamentally unjust, and points to the way environmental
reformers committed to the Kyoto Protocol process can do more harm than good,
by installing a system of emissions reductions prone to structural corruption,
which at the same time blocks genuine climate protection strategies. But the new
market’s failure is so obvious that a post-Kyoto coalition of global forces can and
should now be built, with the alternative strategic orientation - following the
Ecuadoran government’s lead - of non-renewable resource preservation for the
sake of the climate as well as victims of the resource curse: ‘keep the oil in the
soil’, leave the fossil fuels in the ground.

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