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1 of 1 people found the following review helpful
4.0 out of 5 stars Good overview over current state and future of climate capitalism
In their book Climate Capitalism Newell and Paterson analyze the current international agreements on climate change, which they see as largely market based approaches born out of a neoliberal mindset and ask whether such approaches will lead to a successful decarbonization of the world's economies and whether capitalism can be reframed to create a more sustainable word...
Published 21 months ago by Tobias

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0 of 9 people found the following review helpful
1.0 out of 5 stars climate communism
This book is not for the faint-hearted: it argues that business must change to save the world. Of course we have to accept their assumption that the climate really is warming, and that human beings are the root cause. That is the central tenet of the various IPCC reports, despite growing empirical evidence that the world has been cooling in the last decade. The last...
Published on 12 May 2012 by Dr. P. R. Lewis


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1 of 1 people found the following review helpful
4.0 out of 5 stars Good overview over current state and future of climate capitalism, 4 Aug. 2013
This review is from: Climate Capitalism: Global Warming and the Transformation of the Global Economy (Paperback)
In their book Climate Capitalism Newell and Paterson analyze the current international agreements on climate change, which they see as largely market based approaches born out of a neoliberal mindset and ask whether such approaches will lead to a successful decarbonization of the world's economies and whether capitalism can be reframed to create a more sustainable word economy.
Overall, Newell and Paterson provide a comprehensive and critical analysis of Carbon Capitalism and show the strengths and weaknesses of the current market based approaches to tackle climate change that are the result of neo-liberal policies. The strongly advocate a "Green New Deal," analogous to European style classical social market economies, where the state sets the frame for free actors to respond to the demands of the market. Climate change is predominantly a social issue and it is paramount that we find solutions. As we are unlikely to find a better way to organize our societies than reasonably free, but regulated markets, we should probably embrace approaches that help to successfully deal with climate change in this context. Newel and Paterson's book Climate Capitalism is an important contribution to this debate.
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2 of 3 people found the following review helpful
4.0 out of 5 stars Does what it says, does it very well., 18 July 2010
This review is from: Climate Capitalism: Global Warming and the Transformation of the Global Economy (Paperback)
These two experienced and useful academics, who admit they are "highly skeptical of the idea that capitalism can deliver either a socially just or sustainable future" have written a complex and challenging book that does indeed do what it says on the tin. In ten chapters they take the reader through "the history of climate, histories of capitalism" through "mobilising investors", the limits and 'perverse incentives' of carbon trading and (perhaps less well) the 'limits of climate capitalism. The four possible scenarios they sketch out in chapter 9 (climate capitalist utopia, stagnation, decarbonised dystopia and climate keynesianism,) are useful tools for thought. There's a good list of abbreviations to help readers through the alphabet soup, a so-so index and a very handy glossary. What's missing? Well, cartoons, humour, pithy quotes and, to be fairer to a book that is after all published by Cambridge Uni Press, mention of Jevon's Paradox - that increased efficiencies in resource use do not automatically (or even often) lead to an overall reduction in the consumption of that resource- , and an acknowledgement that even if the Climate crisis were mysteriously sorted out, we have plenty of other overwhelming environmental problems. Verdict: a must-read for anyone wanting more than the standard denunciations and jeremiads.
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0 of 9 people found the following review helpful
1.0 out of 5 stars climate communism, 12 May 2012
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This review is from: Climate Capitalism: Global Warming and the Transformation of the Global Economy (Paperback)
This book is not for the faint-hearted: it argues that business must change to save the world. Of course we have to accept their assumption that the climate really is warming, and that human beings are the root cause. That is the central tenet of the various IPCC reports, despite growing empirical evidence that the world has been cooling in the last decade. The last report abounded with errors, such as absurd claims of premature melting of Himalayan glaciers, even giving specific dates of when that process would be complete! Yet the authors (who are not scientists) repeat the hysterical predictions of floods, famine, fire and whatever else the alarmists can mention so as to grab out attention. They have been predicting armageddon for many years now but the world seems to be surviving fine, apart from tsunamis (which are quite unrelated to CO2 levels in the atmosphere). On the contrary, developing countries such as China have been growing faster than ever, thanks to their exploitation of coal, oil and gas to power their economies. Indeed, they have been keeping the global economy afloat, while so-called advanced economies like the EU have been wallowing in a self-inflicted recession. Yet the EU has been in the forefront of trying to impose carbon taxes not just on the hapless members of the club, but also recently on the rest of the world. China, India and the USA are vehemently opposed to the airline carbon taxes proposed by the EU, and one can only hope that they succeed in sinking the proposal. It may be that the EU itself will collapse from within as a result of failing countries such as Greece and now Spain, their economic problems exacerbated by carbon taxes as well as a single currency which throttles any attempts to devalue themselves back to reality. But these authors propose even stricter taxes for everyone in the world without telling us how that will be achieved, and the dire consequences for the world economy. Treaty after treaty has failed to produce agreement on this issue, and I can see no way in which the West can impose such onerous taxes on unwilling nations such as China. Or are they hinting at military means? Are we going to return to a cold or even a hot war to enforce their absurd regime? It is clear that renewable energy cannot possibly supply enough cheap energy to any industrialised country, let alone developing countries. Many are barely developed (such as tidal energy) and others so expensive (wind energy) that they need vast subsidies to survive at all. I think the authors should start revising their ideas about the problem by referring to the growing number of works which challenge the warmist theory and the entire basis of the current hysteria. Books by Plimer and Carter provide enough evidence to undermine the outrageous warmist ideology espoused by the IPCC and others.
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