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ID: 118018

Back to the land? legitimation, carbon offsets and Australia's / Pearse, Rebecca

Pearse, Rebecca	Journal Article
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2013.

Summary/Abstract

Carbon offsets produced from terrestrial (land-based) emissions reduction projects are a contested frontier of carbon market expansion. Experiments in legislating for and producing terrestrial offsets that come under the title REDD+ have met heated opposition. However, a political consensus about the desirability and feasibility of carbon offsets from avoided deforestation and various land-management practices has slowly emerged. How do terrestrial carbon offsets gain legitimacy in the face of contestation and compelling evidence that creating carbon commodities from land ecosystems is an elusive commodity fiction? It seems that a quiet compromise is emerging over the (re-)commodification of land through carbon trading vis-à-vis the broader process of legitimating marketized climate policy. This paper offers a political-economic analysis of state-led efforts to legitimate a market for land carbon sinks in Australia and the Asia-Pacific region. The dynamics of legitimation and contestation play out as an iterative 'double movement'.

Key Words

Australia ; Asia Pacific ; Legitimation ; Emissions Trading ; Carbon Offsets

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ID: 149932

Coal question that emissions trading has not answered / Pearse, Rebecca

Pearse, Rebecca	Journal Article
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Can emissions trading assist with the task of placing a limit on coal production and consumption in Australia? This paper outlines a critical political economy perspective on coal and a flagship ‘market mechanism’ for emissions reduction. The prospects for an effective emissions trading scheme in coal-dominated economies are considered in light of its theoretical justifications as well as recent attempts to price carbon in Australia. Emissions trading is a weak instrument that does not address real-world failures of coal governance. At their theoretical best, carbon prices produce marginal changes to the cost structure of production. In practice, the Australian case demonstrates emissions trading is an attempt to displace the emissions reduction task away from coal, through compensation arrangements and offsetting. In light of the urgent need to rapidly reduce global emissions, direct regulation and democratisation of coal production and consumption should be flagship climate policy.

Key Words

Australia ; Emissions Trading ; Coal Governance

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ID: 149917

Coal, climate and development: comparative perspectives / Goodman, James; Marshall, Jonathan Paul ; Pearse, Rebecca

Goodman, James	Journal Article
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Key Words

Coal ; Climate and Development ; Comparative Perspectives

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