In its current form, cap-and-trade amounts to a system that interferes with development patterns in the South to offset carbon emissions resulting from “business as usual” in the North. Politics should be seeking alternatives to the trading model, argue Tim Forsyth and Zoe Young.
is a freelance researcher, writer and filmmaker. She is author of A New Green Order? The World Bank and the Politics of the Global Environment Facility, Pluto, London, 2002 and coordinates www.ifiwatch.tv.