Jessica Green
@greenprofgreen.bsky.social
7.5K followers 590 following 630 posts
Immigrant. Poli sci prof at U of Toronto. Politics of climate change, carbon markets, oceans, NGOs, enviro politics. Occasional ranter. greenprofgreen.com
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greenprofgreen.bsky.social
Carbon can never be priced appropriately. It's a feature, not a bug. Chapter 3 of the book!
Reposted by Jessica Green
paulkelleher.net
I’ve read this book twice now and I’ve appreciated the chance to grapple with a new conceptual framework for climate policy analysis. If (like me) you’re a proponent of carbon pricing, it’s your responsibility to read this and explain exactly where you disagree.
greenprofgreen.bsky.social
Today is the day!!! Existential Politics is out in the world!

Read about why we’re doing climate policy wrong (too focused on measuring emissions) & what we should do instead (focus on $$ to constrain fossil asset owners & expand green asset owners). Just in time for #COP30.
Existential Politics
A new way to tackle the real politics of climate change through asset revaluation
press.princeton.edu
greenprofgreen.bsky.social
Thank you Paul! I appreciate this 🙏
greenprofgreen.bsky.social
Today is the day!!! Existential Politics is out in the world!

Read about why we’re doing climate policy wrong (too focused on measuring emissions) & what we should do instead (focus on $$ to constrain fossil asset owners & expand green asset owners). Just in time for #COP30.
Existential Politics
A new way to tackle the real politics of climate change through asset revaluation
press.princeton.edu
greenprofgreen.bsky.social
Hey #Toronto climate peeps! Come learn about the future of global #climate politics at my book launch at @utoronto.ca. Featuring fierce all female panel with @cat-abreu.bsky.social, Fate Saghir (MacKenzie Investments), moderated by Jill English (CBC). #COP30 #GreenSky. Free event! Tasty treats!
Book Launch: Existential Politics by Jessica F. Green
Join University of Toronto’s Lawson Climate Institute as we celebrate the launch of Existential Politics by Professor Jessica F. Green with a panel discussion, networking reception, and meet-and-greet...
lci.utoronto.ca
Reposted by Jessica Green
greenprofgreen.bsky.social
5/ More carbon pricing won’t fix carbon pricing. More direct government intervention will.
greenprofgreen.bsky.social
5/ How to fix? He & @cleanprosperity.bsky.social propose carbon contracts for difference. This doubles down on the financialization of emissions, having investments mediated by markets rather than coming in the form of government requirements – like emissions caps.
greenprofgreen.bsky.social
4/ Generating that political will would likely require more concession to fossil interests in Alberta, which undermines the whole point of industrial pricing.
greenprofgreen.bsky.social
3/ “Tightening” industrial c pricing will require political will that just ain’t there, as he rightly notes:
greenprofgreen.bsky.social
2/ The EU-ETS had overallocation problems and low prices for many years. It finally fixed this issue by creating a “Market Stability Reserve” – i.e. a carbon central bank. But that is a VERY HIGH BAR. See chap 3 of my book on this.
Existential Politics
A new way to tackle the real politics of climate change through asset revaluation
press.princeton.edu
greenprofgreen.bsky.social
1/ California (linked to Quebec’s market) has been plagued by overallocation credits since forever. An Advisory body has constantly called for addressing this problem, including recently by creating an Emissions Containment Reserve. See @ghgpolicy.org on this.
calepa.ca.gov
greenprofgreen.bsky.social
@aradwanski.bsky.social correctly identifies one of the key probs w/ Canada’s industrial carbon pricing: too many credits. This is not just a Canada problem, its endemic to cap and trade. “Fixing” carbon pricing is a lot harder than it seems. 🧵
Canada’s industrial carbon pricing system is a mess. Here’s how Carney can fix it
It was barely a system at all when he took office, but since then, the nationwide patchwork has only gotten patchier
www.theglobeandmail.com
greenprofgreen.bsky.social
This is certainly encouraging, but assumes that firms simply "run the numbers" to make a decision about decarbonizing.
Reposted by Jessica Green
toddntucker.com
Join me and @greenprofgreen.bsky.social on Tuesday at 1 pm ET to discuss her new book, "Existential Politics: Why Global Climate Institutions Are Failing and How to Fix Them."
events.zoom.us/ev/AtXUfZzc-...
Roosevelt Events
events.zoom.us
greenprofgreen.bsky.social
I would be fascinated to know why / how this happened. There's some great work on showing how these two worlds are bleeding into each other, but as a social scientist I want to understand why this happened!