When markets are poison

Source: http://www.thecornerhouse.org.uk/briefing/index.shtml

Studying the financial crisis and the climate crisis together can provide useful tools for understanding how to tackle both. Overconfident commodification of uncertainty (in the form of a trade in new and complex derivatives) helped precipitate a global economic crash. Overconfident commodification of climate benefits (in the form of a trade in carbon) threatens to hasten an even worse catastrophe.

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Christine P  
Created by Christine P on 05 November 2009

Christine P's thoughts:

A report that discusses the links between the current financial crisis and carbon markets and how activists and movements can work to create more democratic control over these markets.

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