Corporate Greenhouse

As the world begins the negotiations for the post-Kyoto climate change regime, there remains major obstacles to successful completion of this massive and urgent task. This timely book addresses the political economy of the climate change debate in the context of the changing geo-political order and current global shifts in production. The author questions the disconnect between the current nation-state based negotiation framework and the forces in the global economy that are: driven by neo-liberal policies; organized around transnational corporations or international production networks and; refute effective climate change policy. With the emergence on the world economic and carbon scene of China and India and several other developing economies, the debate on "who is to blame, and who is to pay" can no longer be ignored.Carefully researched and sourced from original work and case studies, "The Corporate Greenhouse": explores the geo-political division between 'North' and 'South'; asks if capitalism is sustainable in the neo-liberal economic environment of the Washington Consensus, the World Bank/IMF, and the WTO; examines the impact of foreign direct investment, international trade and transnational corporations on worldwide CO2 emissions; and discusses the expected outcome of the EU-ETS on corporate investment strategies and the Kyoto Protocol Clean Development Mechanism. The author argues that, given the dynamics of the global economy, climate change negotiations can no longer exist in an economic vacuum and the failure to more fully account for activities of transnational corporations in climate change treaties will preclude effective and equitable solutions to the severe and urgent issues of global climate change.