While countries like Britain are studiously avoiding making offensive 
remarks about the US approach to the Climate conference, a key point of 
conflict is whether the USA can reasonably bargain its large forests to 
offset its high CO2 pollution.

This is negotiation in a new frame of economic reference, conceptualised as 
pollution credits, notionally with all countries having a limited "right" 
to pollute the environment.

This extends the bourgeois concept of right to ownership of a commodity, 
including land, to a right to have a social and environmental effect. It 
stretches the capitalist concepts of bourgeois right to the edge of 
breakdown, since the individual essence of bourgeois right in this context 
is explicitly focussed on the social implications.

Certainly at face value, ownership of land with forests on it, brings the 
right to enjoy the use value of those forests, including to benefit from 
their contribution to the new global task  of absorbing CO2. In this 
respect the application of bourgeois right to forests is just another 
feature of "enclosing the commons", which is also occuring with the rights 
to fish the seas.

However there is another twist to this. The protagonists are meeting at the 
world climate conference as representatives of modern states, bargaining 
economic power like finance capitalists. Forests have an economic value in 
this negotiation as CO2 sinks. The US representative "naturally" wants to 
bring to bear  the full economic power of the US ito the debate as 
effectively as possible. The USA is negotiating as USA Incorporated. Others 
denounce this as fiddling with numbers to let US capitalism off the hook 
and to continue to produce 25% of the worlds CO2 despite being only a few 
percent of the worlds population.

Certainly pollution rights are one way that capitalist states may have to 
address the question of climate change. But it is not the only approach. We 
should question the legal and economic implications of regarding the air 
and the seas as commodities capable in some sense of being privately owned, 
even if it is by a concentration of capital within a state of around 200 
million people.

Comments appreciated, especially if they can relate the critique to marxist 
categories of analysis of commodities, use, and exchange value.

Chris Burford

London

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