Patrick Bond Bemoans the Crumbling of Carbon Markets in the Aftermath of COP17

In the aftermath of COP17, Patrick Bond, author of Politics of Climate Justice, expresses his disappointment at the outcomes of the conference, which, according to him, contributed to turning the Kyoto Protocol into a “soul-deprived, brain-dead, heartless climate-policy Zombie” and allowed the carbon markets to crumble:

Looking back now that the dust has settled, South Africa’s COP17 presidency appears disastrous. This was confirmed not only by Durban’s delayed, diplomatically-decrepit denouement, but by plummeting carbon markets in the days immediately following the conference’s ignoble end last Sunday.

Of course it is tempting to ignore the stench of failure and declare Durban “an outstanding success,” as did SA environment minister Edna Molewa.

• Complete article: Counter Punch

Book details

• Politics of Climate Justice: Paralysis Above, Movement Below by Patrick Bond
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  EAN: 9781869142216
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• Climate Change, Carbon Trading and Civil Society edited by Patrick Bond, Rehana Dada, Graham Erion
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  EAN: 9781869141417
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