Patrick Bond: Climate Change and the Failure of Market Mechanisms

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Dandelion Salad

on Dec 18, 2011

Patrick Bond: Carbon markets failing and Durban Green Climate Fund doomed – up to activists now

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Deal clinched at UN climate meet at Durban + Zombie Agreement From COP 17

Dandelion Salad


Image by JimmyReu via Flickr

on Dec 10, 2011

Delegates at the UN Climate Summit in South African port city of Durban have finally reached a deal that aims to extend the 1997 Kyoto Protocol by five more years and launch talks towards a successor treaty.

The new treaty will have binding agreement for developed and developing nations to curb their carbon emissions, and it came with heavy compromises.

Negotiations went on for extra two days to try to get the world’s biggest polluters to commit to a plan to cut carbon emissions.

Al Jazeera’s Jonah Hull reports from the venue of the conference.

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