Accumulation by decarbonization and the governance of carbon offsets

Adam G. Bumpus, Diana Liverman

Research output: Contribution to journalArticle

358 Citations (Scopus)

Abstract

This article examines the governance of international carbon offsets, analyzing the political economy of the origins and governance of offsets. We examine how the governance structures of the Kyoto Protocol's Clean Development Mechanism and unregulated voluntary carbon offsets differ in regulation and in complexity of the chain that links consumers and reducers of carbon, with specific consequences for carbon reductions, development, and the ability to provide "accumulation by decarbonization." We show how carbon offsets represent capital-accumulation strategies that devolve governance over the atmosphere to supranational and nonstate actors and to the market.

Original languageEnglish (US)
Pages (from-to)127-155
Number of pages29
JournalEconomic Geography
Volume84
Issue number2
StatePublished - Apr 2008
Externally publishedYes

Fingerprint

governance
carbon
Kyoto Protocol
capital accumulation
clean development mechanism
political economy
regulation
Governance
Carbon
market
ability
atmosphere

Keywords

  • Carbon offsets
  • Clean Development Mechanism
  • Climate change
  • Market environmentalism
  • Neoliberalism
  • Political economy

ASJC Scopus subject areas

  • Economics and Econometrics
  • Geography, Planning and Development

Cite this

Accumulation by decarbonization and the governance of carbon offsets. / Bumpus, Adam G.; Liverman, Diana.

In: Economic Geography, Vol. 84, No. 2, 04.2008, p. 127-155.

Research output: Contribution to journalArticle

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