The costs of subsidies and externalities of economic activities driving nature decline DOI Creative Commons

Victoria Reyes‐García,

Sebastián Villasante, Karina Benessaiah

et al.

AMBIO, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 28, 2025

Economic sectors that drive nature decline are heavily subsidized and produce large environmental externalities. Calls increasing to reform or eliminate subsidies internalize the costs of these sectors. We compile data on externalities across six driving biodiversity loss-agriculture, fossil fuels, forestry, infrastructure, fisheries aquaculture, mining. The most updated estimates suggest total between US$1.7 US$3.2 trillion annually, while range US$10.5 US$22.6 annually. Moreover, gaps figures underestimate global magnitude discuss need opportunities building a baseline account for economic activities decline. A better understanding complexity, size, design, effects such could facilitate expedite discussions strengthen multilateral rules their reform.

Language: Английский

A Parasite Not a Cannibal? How the State and Capital Protect Accumulation Amid Devastation DOI Creative Commons

Rosemary‐Claire Collard,

Jessica Dempsey

Antipode, Journal Year: 2025, Volume and Issue: unknown

Published: March 6, 2025

Abstract Nancy Fraser's recent book, Cannibal Capitalism , breathes new life into the eco‐Marxist concept of ecological contradiction, arguing capitalism destroys its own conditions possibility like a serpent eating tail. thesis appears to be playing out in British Columbia forests, where industry is closing mills and cutting jobs, decrying an increasingly limited “fibre basket”. But amid ecosystem degradation industrial forestry has wrought over decades, including impacts now‐endangered caribou, firms state protect capital's ability accumulate: move capital outside BC; replenishes trees, maintains “investability”, attempts avoid caribou extinction without constricting access nature. thus more parasitic than cannibalistic. Taking long view, BC is, broadly, durable despite being anti‐ecological, part due state's powerful stabilising role.

Language: Английский

Citations

1

The costs of subsidies and externalities of economic activities driving nature decline DOI Creative Commons

Victoria Reyes‐García,

Sebastián Villasante, Karina Benessaiah

et al.

AMBIO, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 28, 2025

Economic sectors that drive nature decline are heavily subsidized and produce large environmental externalities. Calls increasing to reform or eliminate subsidies internalize the costs of these sectors. We compile data on externalities across six driving biodiversity loss-agriculture, fossil fuels, forestry, infrastructure, fisheries aquaculture, mining. The most updated estimates suggest total between US$1.7 US$3.2 trillion annually, while range US$10.5 US$22.6 annually. Moreover, gaps figures underestimate global magnitude discuss need opportunities building a baseline account for economic activities decline. A better understanding complexity, size, design, effects such could facilitate expedite discussions strengthen multilateral rules their reform.

Language: Английский

Citations

0