I agree….The last thing we need is any more controls from the UN.. they should be pushed away .. They have caused almost all the wars, economic stress, and now wealth transfer, to fund the so called climate emergency machine.. This and other initiatives must be stopped. The west must lead as the rest will want to continue to participate to get their hands in our pockets.
This article isn't about "more controls from the UN". It's about a UNEP official, Gabriel Labbate, who promotes trading the carbon stored in forests against continued emissions from burning fossil fuels. Labbate uses a series of fallacies to promote carbon trading. I'm not going to debate whether the climate crisis exists - there is overwhelming evidence that the planet is warming at an unprecedented rate.
There are multiple errors underlying carbon marketing. One is the desire to throw money at a problem, feeling there, done with that, and wishfully thinking that there will be a good outcome. Another serious issue is attempting to translate parts of Nature into market-tradable assets. The only type of asset tradable in financial markets is debt obligations. So when some aspect of Nature is equated with debt, one needs to follow the money. Who got the money, who got the debt, and who gets screwed when (not if) there is default. Another problem is how governments misunderstand how financial markets work - all they see is massive flows of money, and if only they could find a way to siphon off some of that market money (which is usually VERY environmentally destructive) into “saving” Nature. This was also the hope of COP16 in Colombia. Although the authority and influence of finance is considerable, that power resides in the realm of the capitalist/colonial ideology which legitimates theft as its operational principle - all the world is presumed to lie there waiting to be exploited. Thus, any consideration for Indigenous Rights and local land tenure more than weasel-words is a fantasy.
I agree….The last thing we need is any more controls from the UN.. they should be pushed away .. They have caused almost all the wars, economic stress, and now wealth transfer, to fund the so called climate emergency machine.. This and other initiatives must be stopped. The west must lead as the rest will want to continue to participate to get their hands in our pockets.
This article isn't about "more controls from the UN". It's about a UNEP official, Gabriel Labbate, who promotes trading the carbon stored in forests against continued emissions from burning fossil fuels. Labbate uses a series of fallacies to promote carbon trading. I'm not going to debate whether the climate crisis exists - there is overwhelming evidence that the planet is warming at an unprecedented rate.
https://science.nasa.gov/climate-change/evidence/
There are multiple errors underlying carbon marketing. One is the desire to throw money at a problem, feeling there, done with that, and wishfully thinking that there will be a good outcome. Another serious issue is attempting to translate parts of Nature into market-tradable assets. The only type of asset tradable in financial markets is debt obligations. So when some aspect of Nature is equated with debt, one needs to follow the money. Who got the money, who got the debt, and who gets screwed when (not if) there is default. Another problem is how governments misunderstand how financial markets work - all they see is massive flows of money, and if only they could find a way to siphon off some of that market money (which is usually VERY environmentally destructive) into “saving” Nature. This was also the hope of COP16 in Colombia. Although the authority and influence of finance is considerable, that power resides in the realm of the capitalist/colonial ideology which legitimates theft as its operational principle - all the world is presumed to lie there waiting to be exploited. Thus, any consideration for Indigenous Rights and local land tenure more than weasel-words is a fantasy.