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carbons markets

Capitalizing on chaos: Climate change and disaster capitalism


In this article, I suggest that the growing effort to address anthropogenic climate change through carbon markets and other financial mechanisms constitutes a form of ‘disaster capitalism’ (Klein, 2007) whereby neoliberal policies seek to harness crises to which they themselves contribute as opportunities for continued economic expansion. This thesis stands in stark contrast to much of the critical commentary on climate policy circulating within the public sphere at present.

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