In this section, you can access to the latest technical information related to the FUTURE project topic.

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

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: Wim Carton

» Source: Wiley

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