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Dancing to the Rhythms of the Fossil Fuel Landscape: Landscape Inertia and the Temporal Limits to Market-Based Climate Policy

Carton, Wim LU (2017) In Antipode 49(1). p.43-61
Abstract
This article makes a contribution to the critique of market-based mechanisms for climate and energy policy. It explores the environmental effectiveness of market instruments by engaging a broadly conceived “fossil fuel landscape”, or the material, social, and political inertia of fossil energy dependence, as a factor delimiting policy outcomes. The argument is developed through a focus on the idea of economic efficiency as a key ideological construct underlying market-based policy, and draws on examples from two different market instruments, namely the EU Emissions Trading Scheme, and the Flemish tradable green certificate scheme. I argue that an understanding of the shortcomings of these, and similar, policies requires acknowledgment of... (More)
This article makes a contribution to the critique of market-based mechanisms for climate and energy policy. It explores the environmental effectiveness of market instruments by engaging a broadly conceived “fossil fuel landscape”, or the material, social, and political inertia of fossil energy dependence, as a factor delimiting policy outcomes. The argument is developed through a focus on the idea of economic efficiency as a key ideological construct underlying market-based policy, and draws on examples from two different market instruments, namely the EU Emissions Trading Scheme, and the Flemish tradable green certificate scheme. I argue that an understanding of the shortcomings of these, and similar, policies requires acknowledgment of the political and socio-economic power that emanates from the temporal dynamics of fossil fuel capitalism, which are reproduced when economic efficiency becomes the key focus of climate policy. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
market-based mechanisms, EU ETS , tradable green certificates , fossil fuel landscape , landscape inertia
in
Antipode
volume
49
issue
1
pages
19 pages
publisher
Wiley-Blackwell
external identifiers
  • scopus:84978269231
  • wos:000393952500003
ISSN
1467-8330
DOI
10.1111/anti.12262
language
English
LU publication?
yes
id
57f871d5-4bad-48a1-badd-19c002009638
date added to LUP
2016-07-14 23:16:45
date last changed
2017-09-18 11:30:38
@article{57f871d5-4bad-48a1-badd-19c002009638,
  abstract     = {This article makes a contribution to the critique of market-based mechanisms for climate and energy policy. It explores the environmental effectiveness of market instruments by engaging a broadly conceived “fossil fuel landscape”, or the material, social, and political inertia of fossil energy dependence, as a factor delimiting policy outcomes. The argument is developed through a focus on the idea of economic efficiency as a key ideological construct underlying market-based policy, and draws on examples from two different market instruments, namely the EU Emissions Trading Scheme, and the Flemish tradable green certificate scheme. I argue that an understanding of the shortcomings of these, and similar, policies requires acknowledgment of the political and socio-economic power that emanates from the temporal dynamics of fossil fuel capitalism, which are reproduced when economic efficiency becomes the key focus of climate policy.},
  author       = {Carton, Wim},
  issn         = {1467-8330},
  keyword      = {market-based mechanisms,EU ETS ,tradable green certificates ,fossil fuel landscape ,landscape inertia},
  language     = {eng},
  month        = {01},
  number       = {1},
  pages        = {43--61},
  publisher    = {Wiley-Blackwell},
  series       = {Antipode},
  title        = {Dancing to the Rhythms of the Fossil Fuel Landscape: Landscape Inertia and the Temporal Limits to Market-Based Climate Policy},
  url          = {http://dx.doi.org/10.1111/anti.12262},
  volume       = {49},
  year         = {2017},
}