LISTEN: 5 Key Takeaways from COP26, Glasgow 2021

November 6, 2021

By Arindam Singh

Woke colonization, nature for sale, COP26: Tom Goldtooth, a climate activist and executive director of the Indigenous Environmental Network, presented “Prince” Charles a gift of plaited sweetgrass. Right of Goldtooth is Victoria Tauli-Corpuz, former UN Special Rapporteur on the Rights of Indigenous Peoples. WWF-UK President,”Prince” Charles, is founder of The Prince of Wales’s Corporate Leaders Group (2015) – rebranded to CLG Europe – a co-founder of the We Mean Business coalition. On June 3, 2020, the “Prince of Wales’ Sustainable Markets Initiative” (SMI), in partnership with the World Economic Forum launched a major global initiative, “The Great Reset”. [Source] At the launch event, “Prince” Charles, a key, long-time proponent behind the financialization of nature, emphasized the imperative to accelerate carbon pricing. In January 2021, following the launch of the Terra Carta (Earth Charter)/ SMI, Charles unveiled the Natural Capital Investment Alliance. During COP26, on November 3, 2021, Forbes published the article “Amazon, Salesforce, Among 45 Companies Awarded Terra Carta Seal From Prince Charles”.

Podcast: What is this COP26 everyone’s talking about? Is it really that great as it sounds in the news? Why not?

[Arindam Singh is a student blogger and podcaster from New Delhi. He studies things related to the environment and what has gone wrong with it. His writing can be found at longlostnature.wordpress.com. You can follow him on Twitter at @longlostnature.]

Oct 13

2021

Wrong Kind of Green

Rockefeller Foundation

30x30 CBD Convention on Biological Diversity COP15 Displacement Ecosystem Services financialization of nature Intrinsic Exchange Group (IEG) Natural Asset Company (NAC) Natural Capital Nature-As-A-Service New York Stock Exchange (NYSE) Rockefeller Foundation

Wall Street’s Takeover of Nature Advances with Launch of New Asset Class

Unlimited Hangout

October 13, 2021

By Whitney Webb

A project of the multilateral development banking system, the Rockefeller Foundation and the New York Stock Exchange recently created a new asset class that will put, not just the natural world, but the processes underpinning all life, up for sale under the guise of promoting “sustainability.”

Last month, the New York Stock Exchange (NYSE) announced it had developed a new asset class and accompanying listing vehicle meant “to preserve and restore the natural assets that ultimately underpin the ability for there to be life on Earth.” Called a natural asset company, or NAC, the vehicle will allow for the formation of specialized corporations “that hold the rights to the ecosystem services produced on a given chunk of land, services like carbon sequestration or clean water.” These NACs will then maintain, manage and grow the natural assets they commodify, with the end of goal of maximizing the aspects of that natural asset that are deemed by the company to be profitable.

Though described as acting like “any other entity” on the NYSE, it is alleged that NACs “will use the funds to help preserve a rain forest or undertake other conservation efforts, like changing a farm’s conventional agricultural production practices.” Yet, as explained towards the end of this article, even the creators of NACs admit that the ultimate goal is to extract near-infinite profits from the natural processes they seek to quantify and then monetize.

NYSE COO Michael Blaugrund alluded to this when he said the following regarding the launch of NACs: “Our hope is that owning a natural asset company is going to be a way that an increasingly broad range of investors have the ability to invest in something that’s intrinsically valuable, but, up to this point, was really excluded from the financial markets.”

Framed with the lofty talk of “sustainability” and “conservation”, media reports on the move in outlets like Fortune couldn’t avoid noting that NACs open the doors to “a new form of sustainable investment” which “has enthralled the likes of BlackRock CEO Larry Fink over the past several years even though there remain big, unanswered questions about it.” Fink, one of the world’s most powerful financial oligarchs, is and has long been a corporate raider, not an environmentalist, and his excitement about NACs should give even its most enthusiastic proponents pause if this endeavor was really about advancing conservation, as is being claimed.

How to Create a NAC

The creation and launch of NACs has been two years in the making and saw the NYSE team up with the Intrinsic Exchange Group (IEG), in which the NYSE itself holds a minority stake. IEG’s three investors are the Inter-American Development Bank, the Latin America-focused branch of the multilateral development banking system that imposes neoliberal and neo-colonalist agendas through debt entrapment; the Rockefeller Foundation, the foundation of the American oligarch dynasty whose activities have long been tightly enmeshed with Wall Street; and Aberdare Ventures, a venture capital firm chiefly focused on the digital healthcare space. Notably, the IADB and the Rockefeller Foundation are closely tied to the related pushes for Central Bank Digital Currencies (CBDCs) and biometric Digital IDs.

The IEG’s mission focuses on “pioneering a new asset class based on natural assets and the mechanism to convert them to financial capital.” “These assets,” IEG states, make “life on Earth possible and enjoyable…They include biological systems that provide clean air, water, foods, medicines, a stable climate, human health and societal potential.”

Put differently, NACs will not only allow ecosystems to become financial assets, but the rights to “ecosystem services”, or the benefits people receive from nature as well. These include food production, tourism, clean water, biodiversity, pollination, carbon sequestration and much more. IEG is currently partnering with Costa Rica’s government to pilot its NAC efforts within that country. Costa Rica’s Minister of Environment and Energy, Andrea Meza Murillo, has claimed that the pilot project with IEG “will deepen the economic analysis of giving nature its economic value, as well as to continue mobilizing financial flows to conservation.”

With NACs, the NYSE and IEG are now putting the totality of nature up for sale. While they assert that doing so will “transform our economy to one that is more equitable, resilient and sustainable”, it’s clear that the coming “owners” of nature and natural processes will be the only real beneficiaries.

Per the IEG, NACs first begin with the identification of a natural asset, such as a forest or lake, which is then quantified using specific protocols. Such protocols have already been developed by related groups like the Capitals Coalition, which is partnered with several of IEG’s partners as well as the World Economic Forum and various coalitions of multinational corporations. Then, a NAC is created and the structure of the company decides who has the rights to that natural asset’s productivity as well as the rights to decide how that natural asset is managed and governed. Lastly, a NAC is “converted” into financial capital by launching an initial public offering on a stock exchange, like the NYSE. This last stage “generates capital to manage the natural asset” and the fluctuation of its price on the stock exchange “signals the value of its natural capital.”

However, the NAC and its employees, directors and owners are not necessarily the owners of the natural asset itself following this final step. Instead, as IEG notes, the NAC is merely the issuer while the potential buyers of the natural asset the NAC represents can include: institutional investors, private investors, individuals and institutions, corporations, sovereign wealth funds and multilateral development banks. Thus, asset management firms that essentially already own much of the world, like Blackrock, could thus become owners of soon-to-be monetized natural processes, natural resources and the very foundations of natural life itself.

Both the NYSE and IEG have marketed this new investment vehicle as being aimed at generating funds that will go back to conservation or sustainability efforts. However, on the IEG’s website, it notes that the goal is really endless profit from natural processes and ecosystems that were previously deemed to be part of “the commons”, i.e. the cultural and natural resources accessible to all members of a society, including natural materials such as air, water, and a habitable earth. Per the IEG, “as the natural asset prospers, providing a steady or increasing flow of ecosystem services, the company’s equity should appreciate accordingly providing investment returns. Shareholders and investors in the company through secondary offers, can take profit by selling shares. These sales can be gauged to reflect the increase in capital value of the stock, roughly in-line with its profitability, creating cashflow based on the health of the company and its assets.”

Researcher and journalist Cory Morningstar has strongly disagreed with the approach being taken by NYSE/IEG and views NACs as a system that will only exacerbate the corporate predation of nature, despite claims to the contrary. Morningstar has described NACs as “Rockefeller et al. letting the markets dictate what in nature has value – and what does not. Yet, it’s not for capitalist institutions and global finance to decide what life has value. Ecosystems are not ‘assets.’ Biological communities exist for their own purposes, not ours.”

A New Way to Loot

The ultimate goal of NACs is not sustainability or conservation – it is the financialization of nature, i.e. turning nature into a commodity that can be used to keep the current, corrupt Wall Street economy booming under the guise of protecting the environment and preventing its further degradation. Indeed, IEG makes this clear when they note that “the opportunity” of NACs lies not in their potential to improve environmental well-being or sustainability, but in the size of this new asset class, which they term “Nature’s Economy.”

Indeed, while the asset classes of the current economy are value at approximately $512 trillion, the asset classes unlocked by NACs are significantly larger at $4,000 trillion (i.e. $4 quadrillion). Thus, NACs open up a new feeding ground for predatory Wall Street banks and financial institutions that will allow them to not just dominate the human economy, but the entire natural world. In the world currently being constructed by these and related entities, where even freedom is being re-framed not as a right but “a service,” the natural processes on which life depends are similarly being re-framed as assets, which will have owners. Those “owners” will ultimately have the right, in this system, to dictate who gets access to clean water, to clean air, to nature itself and at what cost.

According to Cory Morningstar, one of the other aims of creating “Nature’s Economy” and neatly packaging it for Wall Street via NACs is to drastically advance massive land grab efforts made by Wall Street and the oligarch class in recent years. This includes the recent land grabs made by Wall Street firms as well as billionaire “philanthropists” like Bill Gates during the COVID crisis. However, the land grabs facilitated through the development of NACs will largely target indigenous communities in the developing world.

As Morningstar notes:

“The public launch of NACs strategically preceded the fifteenth meeting of the Conference of the Parties to the Convention on Biological Diversity, the biggest biodiversity conference in a decade. Under the pretext of turning 30% of the globe into “protected areas”, the largest global land grab in history is underway. Built on a foundation of white supremacy, this proposal will displace hundreds of millions, furthering the ongoing genocide of Indigenous peoples. The tragic irony is this: while Indigenous peoples represent less than 5% of the global population, they support approximately 80% of all biodiversity.“

IEG, in discussing NACs, tellingly notes that proceeds from a NAC’s IPO can be used for the acquisition of more land by its controlling entities or used to boost the budgets or funds of those who receive the capital from the IPO. This is a far cry from the NYSE/IEG sales pitch that NACs are “different” because their IPOs will be used to “preserve and protect” natural areas.

The climate change panic that is now rising to the take the place of COVID-19 panic will surely be used to savvily market NACs and similar tactics as necessary to save the planet, but – rest assured – NACs are not a move to save the planet, but a move to enable the same interests responsible for the current environmental crises to usher in a new era where their predatory exploitation reaches new heights that were previously unimaginable.

[Whitney Webb has been a professional writer, researcher and journalist since 2016. She has written for several websites and, from 2017 to 2020, was a staff writer and senior investigative reporter for Mint Press News. She currently writes for The Last American Vagabond.]

Feb 24

2020

Wrong Kind of Green

Neo-Liberalism and the Defanging of Feminism, Whiteness & Aversive Racism, World Wildlife Fund (WWF)

2020 Super Year Countdown financialization of nature IPBES New Deal for Nature Super Year UN Voice for the Planet World Economic Forum WWF

New Deal for Nature: Paying the Emperor to Fence the Wind

Counterpunch

February 24, 2020

by Stephen Corry

The conservation industry says 2020 is its “super year.”^[1] It wants to set aside thirty percent of the globe for wildlife, and divert billions of dollars away from reducing climate change and into “natural climate solutions.”^[2] This would be a disaster for people and planet. Conservation was founded in the racist ideology of 1860s USA but it committed thirty years ago to becoming people-friendly. It hasn’t happened. There will be more promises now, if only to placate critics and funders like the U.S. and German governments, and the European Commission, which are paying for conservation’s land theft, murder and torture.^[3] More promises will be meaningless. No more public money should go for “Protected Areas” until the conservation bodies recognize their crimes, get rid of those responsible, and hand stolen lands back, with compensation. Conservation NGOs must also stop cozying up to mining, logging, oil, and plantation companies.

The latest idea to be heavily promoted by big conservation NGOs is doubling the world’s so-called “Protected Areas” (PAs) so that they cover thirty percent of the globe’s lands and oceans. This is now their main rallying cry and response to two of the world’s biggest problems – climate chaos and loss of biodiversity. It sounds good: It’s easy to grasp and has numbers that are supposed to be measurable, and advertisers do love numbers.

What better answer to climate change and biodiversity loss than to ban human “interference” over huge areas? If, that is, you think “everybody” is guilty of causing both crises and that everything’s solved by keeping them away. The idea’s been around for years, but now governments and industries are promoting it to the tune of billions of dollars,^[4] so it’ll be difficult to oppose. But it’s actually dangerous nonsense which would have exactly the reverse effect to what we’re told, and if we want to save our world, it must be stopped.

Let’s be clear that cutting destructive pollution globally is vital for the climate, and that stopping industrial exploitation of unspoiled areas is essential for the flora and fauna, and the physical and mental health of inhabitants and visitors. None of that is disputed, but these are not the arguments advanced for asserting the right of this “New Deal for Nature” to more taxpayers’ cash. It’s a marketing gimmick designed to funnel even more money to those who have for decades demonstrated their failure to mitigate either climate change or biodiversity loss.

Sept. 24, 2019: Tweet, Marco Lambertini, Director General of WWF International, New Deal For Nature event

Let’s assume they did succeed in putting so much territory “out of bounds.” As with the emperor in his new suit, it’s childishly obvious that this wouldn’t necessarily bring any reduction to climate chaos: That’s simply because it wouldn’t affect what happens in the remaining seventy percent of the world – where most pollution originates. If just as much pollution carries on outside, then it doesn’t matter what’s going on inside PAs, because they too depend on the world’s climate, and you can’t fence the wind. Without reducing industrial emissions globally, leaving existing forest intact or planting lots of trees just won’t be enough to solve the problem. Wreck the atmosphere – even from a tiny proportion of the Earth – and you wreck it everywhere.

Not for the first time, the “experts” are promoting a policy which a child can see is senseless, but if they tell a lie big enough and keep repeating it, people will eventually come to believe it.

What about the second claim, that more PAs are needed to ensure the protection of biodiversity? Everyone rightly wants more of that: The more diverse an ecosystem, the more likely it is to adapt and survive. “Biodiversity” means the enormous variety of life, and life forms are interconnected: They depend on each other. Where the flora and fauna is reduced to just a few species, there’s a domino effect that cuts the number still further.^[5]

However obvious, it merits restating: To mix metaphors, when the domino becomes a snowball effect then ecosystems become deserts, even when visibly green. Oil palm plantations carved out of tropical forests are a famous example of lots of trees being planted in an area where biodiversity has been slashed to just a few species. Such plantations are effectively “green deserts.”

Putting the propaganda aside, it’s impossible to determine scientifically how effective PAs are for enhancing biodiversity. For example, a line drawn around a highly biodiverse area, which is then declared a national park, proves nothing about the park: The biodiversity was there in the first place. There is, however, considerable agreement about one thing, and it’s not that PAs are the solution at all.

It turns out that the most diversity is not found in areas where all human interference is banned, but actually the reverse – it’s found in places where tribal, indigenous, and other local, communities have stayed put and carried on doing what they’ve always been doing. It’s simply not true that everyone shares responsibility for biodiversity loss. Studies show that community-managed forests have less deforestation than inside PAs, and that “nature” is doing better in areas managed by indigenous peoples than elsewhere.^[6] In places as different as Australia, Brazil, and Canada more diversity is found in indigenous territories than in PAs.^[7] It seems clear that biological and human diversity are interlinked.

This is a key point which conservation NGOs haven’t wanted the public to know as they clamor for yet more cash: Areas managed by local people, especially if they’re indigenous, are much better than PAs imposed by outsiders. One study concluded, albeit limply, the “notion that indigenous reserves are less effective than parks… must be re-examined.”^[8] You can say that again! They are already reckoned to contain no less than eighty percent of global species diversity. That’s the very reason conservationists want to take control of them. Indigenous peoples are now being victimized precisely because of their expertise in environmental stewardship.

Even where PAs are hyped as being about preserving iconic species, the evidence is mixed. For example, the former head of a conservation NGO thinks there could be more Indian tigers outside protected areas than inside. No one knows, but what’s certain is that when the British colonizers imprisoned the Waliangulu tribal elephant hunters in 1950s Kenya, elephant numbers did skyrocket, but only to plummet when the next drought hit and the herds proved too numerous for the environment. Thousands died of starvation, restoring a balance that the Waliangulu had achieved for generations or millennia. In South Africa, an average of nearly 600 elephants were culled every year from 1967 to 1996 (without publicity, to avoid upsetting conservation donors).^[9] Banning traditional indigenous hunting generally harms biodiversity.

Protecting “nature” by fencing it off from the locals simply hasn’t worked. It doesn’t help that many PAs aren’t really protected at all. They include industrial exploitation – mining, logging, plantations, trophy hunting concessions, or extensive, usually high-end, tourist infrastructure – but that’s the reality. The locals are thrown out as the land is grabbed by one or other industry, partnering with one or other big conservation NGO.

Like it or not, many PAs are as much about stealing the land from local people to make someone else a profit as they are about conservation. The famous Central Kalahari Game Reserve in Botswana is the second largest “game reserve” in the world but it’s also leased to mining exploration. There’s a diamond mine, with its roads and heavy machinery, where a tiny handful of the Bushmen who have lived there for generations are occasionally given menial jobs. (The government kicked them out until forced to backtrack by the high court.) As in almost all African PAs, wealthy tourists enjoy luxury accommodation inside the reserve. The man responsible for both the tourism and mine was the former president, General Ian Khama, a much-feted conservationist who was on the board of Conservation International.

This land theft is a problem for us all, and not only because the indigenous people are generally much better conservationists than “us”: Not surprisingly, the locals object when their land and self-sufficiency are looted for someone else’s gain, and their need for food, and sometimes their anger, translates into defying hunting bans (making them “poachers” for trying to feed their families), as well as taking action to recover their ancestral territory. For example, pastoralists whose herds are banned from private “conservancies” in East Africa are cutting the fences and going back in. They can be armed and violent clashes are increasing. Some researchers fear increasing bloodshed is inevitable^[10] and the increasing militarization of conservation will just make things worse. Yet this is the model touted as the future of PAs, one supposedly enacted with the support of local communities (which is often a lie). They’re supported by the American NGO, The Nature Conservancy, and are largely profit-making investments aimed at wealthy companies and tourists. They’re now taking over huge areas of East Africa and beyond.

February 19, 2020

Just as Africans extricated themselves (at least, partly!) from European rule in the last century, they are unlikely to accede quietly to what is seen as more colonization, this time by conservationists. Unless things change, PAs in Africa will become real, not metaphorical, battlegrounds. Serious environmentalists know that you can’t have a PA for long if it’s surrounded by an angry population, yet conservation groups seem incapable of changing their practice. They exhort industry to become sustainable, while promoting their own model, which palpably isn’t.

WWF, for example, routinely violates human rights, the law and its own policies. It’s already spent millions of dollars illegally pushing for a new park in Congo, Messok Dja. The money comes from WWF itself and its accomplices, including a logging, oil palm, and luxury tourist company, as well as the Wildlife Conservation Society, the U.S. government, the EU, and the UN. As with the creation of almost all African PAs, the first step has been to kick out and terrorize the local Baka (so-called Pygmies) who’ve probably lived there for thousands of years, and who have adapted and sustainably managed their biodiverse-rich environment. Now they are kept out of their ancestral lands and terrorized, beaten and arrested if they return to seek traditional foods or plant medicines.

This is what the thirty percent of the globe taken for the New Deal for Nature will look like – a third of the globe stolen for profit. It’s a new colonialism, the world’s biggest land grab, supposedly “green” and supposedly to save the world – a really big lie. As Odette, a Baka woman from Congo, says of such imposed conservation projects which don’t work, “We’ve had enough of this talk of ‘boundaries’ in the forest. The forest is ours.”^[11]

The last couple of generations has amply demonstrated that meetings of corporate heads, NGOs, politicians, and celebrities are not going to solve the crises of climate and biodiversity. Those attending are amongst the major contributors to the problems, and least willing to accept any change which might threaten their position. They argue over statements that no one actually applies, or even intends to, and which are replete with clauses ensuring “business as usual.” The meetings and declarations attract an enormous media circus, but are akin to the emperor’s workshop, with hundreds of tailors busily cutting suits of such rarefied material that they don’t cover his nakedness.

Youth exploitation is key to the goal of commodifying nature.

The real answers to the crises of climate and biodiversity lie in an inversion of the current approach, and a rejection of the New Deal for Nature and its failure to understand the relationship between indigenous peoples and nature. If we really want to save our world, then we have to start with the rich cutting their massive overconsumption. The wealthiest ten percent cause about half the world’s total pollution,^[12] so they must work hardest to cut it. Both military conflict and the growth of information technology must be seen as the major polluters they are. The first is barely mentioned in climate activism, and the plan for the second is the exact opposite of what’s needed, with yet more energy-hungry “artificial intelligence” lined up to monitor our lives for the benefit of industry and state control.^[13] If we’re going to reduce dependence on fossil fuels, we must also reduce dependence on “smart” tech, and we must accept the fact that real solutions aren’t found in marketing gimmicks like “net zero,” offsetting, carbon markets, or “pricing nature.” Real solutions are found with the local peoples that have successfully been creating and managing the world’s biodiversity since prehistory.

Humanity as a whole isn’t responsible for these problems, one particular sector is, and it’s same one coming up with the New Deal for Nature. Those promoting it want to dictate how the rest of the world should live, but they’re acting primarily for themselves. Banning human activity from yet more so-called “Protected Areas” is another manifestation of the hubris that got us into this mess in the first place. Local people – those who retain some self-sufficiency, common sense, and connection with their environment – remain the strongest backbone of humanity, even today. They have better answers than the conservation technocrats and other global elites who lack their perspective. Kicking even more of them out at best reduces them to landless poverty and at worst destroys them and the environment. It would be disastrous for everyone.

We should be respecting land rights and encouraging indigenous peoples and other local communities to remain where they are – if they wish – to carry on managing their lands in their own ways, and we must, above all, stop the theft of their territories for conservation. Those who want to, should be maintaining their self-sufficiency, not forced into global markets that profit the polluters more than anyone. We must “give” them back previously stolen lands, to manage themselves. We must listen to them rather than destroying them, as we are now.

Whether this happens remains to be seen. The few voices pointing out that the emperor has no clothes at all, are up against a deafening scream from conservation propagandists and mainstream media, baying that the New Deal for Nature is the perfect solution. Whose voice will prevail depends on people’s gullibility and ability to challenge both their own prejudices and powerful vested interests. It’s a real battle, and the outcome will determine how much more nature is stolen from this beautiful world we have helped create.

1) WWF Ecological. “2020: let’s put nature top of everybody’s to-do list.” Ecological.panda.org. April 20, 2018. (accessed 13/02/2020)

2) Tollefson, Jeff. “Global deal for nature’ fleshed out with specific conservation goals.” Nature, April 19, 2019. (accessed 13/02/2020)

3) Baker, Katie & Tom Warren. “The US Government Spent Millions Funding WWF-Backed Forces Accused Of Torture and Murder.” Buzzfeed News, September 24, 2019. (accessed 13/02/2020); Baker, Katie & Tom Warren. “WWF Says Indigenous People Want This Park. An Internal Report Says Some Fear Forest Ranger “Repression.” Buzzfeed News, March 8, 2019. (accessed 13/02/2020)

4) The estimate for the total global ecosystem services in 2011 is $125 trillion/yr

Costanza, Robert, Rudolf De Groot, Paul Sutton, Sander Van der Ploeg, Sharolyn J. Anderson, Ida Kubiszewski, Stephen Farber, and R. Kerry Turner. “Changes in the global value of ecosystem services.” Global environmental change 26 (2014): 152-158. (accessed 13/02/2020)

5) Carrington, Damian. “What is biodiversity and why does it matter to us?” The Guardian, March 12, 2018. (accessed 13/02/2020)

6) Porter-Bolland, Luciana, Edward A. Ellis, Manuel R. Guariguata, Isabel Ruiz-Mallén, Simoneta Negrete-Yankelevich, and Victoria Reyes-García. “Community managed forests and forest protected areas: An assessment of their conservation effectiveness across the tropics.” Forest ecology and management 268 (2012): 6-17

7) The study measured vertebrate animal diversity only.

Schuster et al, 2019, Vertebrate biodiversity on indigenous-managed lands in Australia, Brazil, and Canada equals that in protected areas, Environmental Science & Policy Volume 101, November 2019, Pages 1-6

8) Woods Hole Research Center. “Satellites Show Amazon Parks, Indigenous Reserves Stop Forest Clearing.” ScienceDaily. www.sciencedaily.com/releases/2006/01/060126200147.htm (accessed February 13, 2020).

9) Dickson, Paul, and William M. Adams. “Science and uncertainty in South Africa’s elephant culling debate.” Environment and Planning C: Government and Policy 27, no. 1 (2009): 110-123.

10) Letiwa, Paul. “Herders protest as wildlife conservancies drive them out.” The Daily Nation, August 18, 2019. (accessed February 13, 2020).

11) Survival International. “We’ve had enough of this talk of ‘boundaries’ in the forest.” YouTube video, 01:00. 4 Jan 2019. (accessed February 13, 2020).

12) Gore, Timothy. Extreme Carbon Inequality. London: Oxfam. Dec 2, 2015. (The report can be found in Spanish and French at https://www.oxfam.org/en/research/extreme-carbon-inequality) (accessed February 13, 2020).

13) See: Lu, Donna. “Creating an AI can be five times worse for the planet than a car.” New Scientist, June 6, 2019. (accessed February 13, 2020).

Berners-Lee, Mike and Duncan Clark. “What’s the carbon footprint of … email?” The Guardian, Oct 21, 2010. (accessed February 13, 2020).

[Stephen Corry has worked with Survival International, the global movement for tribal peoples’ rights, since 1972. The not-for-profit has a San Francisco office. Its public campaign to change conservation can be joined at www.survivalinternational.org/conservation. This is one of a series of articles on the problem.]

Dec 02

2019

Wrong Kind of Green

Avaaz, MoveOn.org, Sierra Club, Social Engineering

Avaaz Blended Finance Taskforce Brand New Congress Business and Sustainable Development Commission Climate Nexus Data for Progress financialization of nature Global Green New Deal Green New Deal Justice Democrats MoveOn Natural Capital Coalition Podcast Sierra Club The New Climate Economy Project The Sunrise Movement World Resources Institute

Listen: The Green New Deal & What it Leaves Out: Reading Act V of Cory Morningstar’s Research

Ghion Journal

November 4, 2019
“Listen: The Green New Deal & What it Leaves Out: Reading Act V of Cory Morningstar’s Research”

By Stephen Boni

Trojan Horse – The horses of Dali – Lithograph – Surrealist – 1983

For last week’s Words of Others podcast, I read Act V of investigative journalist Cory Morningstar’s ongoing series about the NGO Industrial Complex. It’s a lengthy piece titled For Consent: The Green New Deal is the Trojan Horse for the Financialization of Nature.

As is per usual for Morningstar, she wades through an exhaustive amount of research to demonstrate the contradictions between the prospect of a mass and state-mobilized systems-level transition away from a pollution- and fossil fuel-intensive economy and the planning and underpinnings of such a transition being directed from behind the scenes by groups of powerful people who have every financial and class interest in the world to make sure our current profit-driven way of life stays roughly the same.

This research finds Morningstar taking a deeper look at a variety of intersecting organizations that are both originators and marketers of the Green New Deal, including:

Brand New Congress and Justice Democrats

Grist Magazine

Climate Nexus

The Business and Sustainable Development Commission

The Blended Finance Taskforce

Data for Progress

The Sunrise Movement

World Resources Institute

The New Climate Economy Project

Natural Capital Coalition

Through her research, Morningstar employs a line of thinking that I would position as “stands to reason”.

What this means is that, instead of dissecting the text of the current Green New Deal proposal or seeking out direct interviews with key players in the above organizations, she focuses on each organization as an entity, digging into their respective missions, their communications, who finances them, and the ideological backgrounds of and connections between their various elite members.

By doing this, Morningstar arrives at “stands to reason” conclusions—i.e., based on what she learns, it stands to reason that innovative but status quo-oriented capitalists, working in a loose collective through NGOs backed by multi-national corporations and finance capital, are not creating and marketing a Green New Deal that seeks to reimagine the U.S. economy and move away from consumption as a foundational lifestyle for citizens, or war as a foundational economic project of the state.

Some readers may see the lack of direct interviews with people connected to the creation of the Green New Deal—and the fact that Morningstar doesn’t really analyze the text of the Green New Deal itself—as omissions to the process of investigative journalism. Indeed, it’s up to each reader to decide whether or not these omissions (and we should note that it’s entirely possible that key members of the above organizations may not want to be interviewed) invalidate Morningstar’s conclusions about the attempt by global elites to use global warming to solve a capitalism crisis rather than to mitigate a climate crisis.

My own thinking notes these absences, but tends to be appreciative of Morningstar’s research and somewhat content with the belief that I can fill in at least some of these gaps myself. For instance, each one of us has the ability to read the Green New Deal proposal while keeping Morningstar’s research in mind.

The Green New Deal’s Sins of Omission

If you pull up the text of the Green New Deal and read through it, which doesn’t take all that long, the proposal actually reads pretty well. Some readers might even wonder, “What’s the problem here? Seems like a bunch of good ideas, overall”.

However, it’s the absences in the Green New Deal proposal that give the most pause. In a strange way, it brings to mind one of Robert Redford’s best political films from the 70s, The Candidate. In one climactic scene, Redford’s character, a vaguely countercultural type who’s been taking part in a sober debate with his opponent in the race for a California Senate seat, vocalizes how their entire debate has left out all of the important issues they desperately need to be discussing.

While I won’t walk you through every inch of the text of the Green New Deal, here are some issues I noticed when reading it.

At the very beginning of the resolution in section one, we see the use of a kind of linguistic misdirection that Morningstar noted in Act IV of her series. Here’s the quote from the text of the Green New Deal:

“Resolved, it is the duty of the Federal Government to create a Green New Deal to 1) achieve net-zero greenhouse gas emissions through a fair and just transition for all communities and workers.”

This is a red flag. As Morningstar explained previously, seeking net-zero emissions does not mean radically reducing the amount of carbon the U.S. pumps into the atmosphere. It means using technology and other instruments to offset or capture the same amount of carbon our society is creating. This means that, as long as we do enough offsetting and enough carbon capturing, our emissions can be allowed to keep on growing. From a climate standpoint, that’s a fake solution.

In section 2 of the text, it states one of the major objectives as “meeting 100% of the power demand in the United States through clean, renewable, and zero-emission energy sources”.

This sounds fairly standard unless you consider the assumptions that underlie the statement. One, that zero-emission energy sources are sufficient to meet current U.S. power demands (they’re not) and two, that the U.S. doesn’t need to reduce its power demands in the first place.

The absence created by these two assumptions makes the “net-zero emissions” goal all the more relevant as an indicator that the necessity of growth within a capitalist economy won’t be questioned as those in power seek to deal with climate change, a phenomenon that’s been driven, in large part, by a belief that growth=economic health.

While subsequent pieces of section 2—which get into issues of energy and water efficiency for power grids and buildings—can be seen to allay some of these fears, as one goes deeper into section 2, we have this:

“…spurring massive growth in clean manufacturing in the United States and removing pollution and greenhouse gas emissions from manufacturing and industry as much as is technologically feasible.”

While we can dig into the available knowledge on whether or not “clean manufacturing” is real or merely something to conduct long-term research and development for, it can again be inferred that the creators of the Green New Deal don’t envision the need for a move away from a mass consumer economy, which requires boundless amounts of energy and waste to operate.

. . . . . . . . . . . . . . . . . .

I encourage readers to visit the text of the Green New Deal themselves. There is much that is worthy in the proposal, including language about mass transit, community decision-making power, public banks and other financial democratization ideas, as well as some basic ideas about changing farming practices and ensuring water quality.

But, in conjunction with Morningstar’s research, the red flags are definitely there, as well as additional important absences.

Just a few of these absences include the fact that:

There’s no mention of downsizing the U.S. military, which is one of the world’s most rabid users of fossil fuel energy, as well as a massive carbon emitter and creator of toxic pollution.

There’s no mention of ending current subsidies paid to fossil fuel companies, nor any mention of potential financial support to the clean energy sector or to households that can’t afford to refashion their use of energy (which, quite frankly, will be most of them).

There’s no mention of the environmental impact of the intensive mineral mining, resulting pollution and water use it will take to make all those solar panels, wind turbines and electric car batteries—not to mention the current way those materials are obtained (by exploiting impoverished workers and their children in developing nations).

There’s no mention of re-imagining how we use land (re-wilding, for instance) in a country that, after WWII, spread out and suburbanized on the back of the automobile, the airplane, the fast food restaurant and an ocean of plentiful cheap oil.

And, the largest issue of all, in many respects, there’s no language that challenges consumption as not only a lifestyle, but as the essential ingredient of a strong economy.

In even a cursory run-through of the Green New Deal proposal, it seems to me that any view of Morningstar’s work as simply purist, anti-capitalist, anti-establishment paranoia contains a determination not to see some very obvious issues that could have serious ramifications. All of which is to say, it makes sense to give her research full and attentive consideration.

As always, thanks for reading and listening.

Oct 20

2019

Wrong Kind of Green

Neo-Liberalism and the Defanging of Feminism, Research & Investigative Reports on NGOs, Social Engineering

Ecosystem Services financialization of nature Greta Thunberg Podcast The Sunrise Movement

Listen: Don’t Take Movements at Face Value: Reading Cory Morningstar’s Research into Environmental Activist Greta Thunberg

Ghion Journal

September 5, 2019

By Stephen Boni

A few years back, I was working on a writing and interview project for a national nonprofit in which I spent time with professionals who focused on sustainability. I wasn’t hanging out with Julia “Butterfly” Hill or the descendants of Edward Abbey. These were people who were firmly part of the professional class and operating inside the system to varying degrees. Not everyone’s a radical and I found many of my interview subjects to be fascinating individuals who had accomplished worthwhile things.

However, one issue threw me for a minor loop. During a discussion with a guy who was involved in the financial end of foundation work on climate change and ecosystems, he termed the natural processes occurring in ecosystems as “ecosystem services” that need to be quantified monetarily. “That’s weird”, I thought, so I probed and he enthusiastically explained how financializing the functioning of ecosystems would help the foundation he worked for create “deals” to structure the ways in which they would use their resources to help preserve or restore ecosystems in various parts of the world.

His explanation made a certain amount of sense at the time, but the framing of natural processes to fit within a concept of markets and payments troubled me. On a planet undergoing constant (albeit often barely perceptible) evolutionary change, as well as continual stress due to the massive impact of capitalist economic models enacted on its ‘body’, I wondered how helpful it was to frame the millions-of-years-old interdependently balanced functioning of ecosystems as, essentially, an enterprise. Enterprises within capitalism seek growth at all costs. Ecosystems and the atmosphere don’t conform to or care about these constructs, so what was this financialization effort really all about?

In the years since I conducted that interview, I’ve continued to look askance at the idea that we can avoid catastrophic ecosystem collapse by conceptualizing earth’s materials, relationships and processes as nothing more than a new set of markets within capitalism.

With this uncomfortable feeling remaining near the surface of my consciousness, earlier this year I discovered the investigative journalism of Cory Morningstar (an admittedly late discovery, since she’s been writing for 10 years or more), who does in-depth research into the connections between nonprofits, startups, marketing, movement building, and the long-range planning of politicians and the capitalist class. Her series, the Manufacturing of Greta Thunberg, has helped me get a lot more concrete about the disquiet I experienced as I interviewed sustainability professionals.

With the backdrop this week of the AOC-allied climate group ‘The Sunrise Movement’ praising presidential candidates like Elizabeth Warren (who has done next to nothing for the climate during her time as Senator) for environmental plans she discussed on a recent televised town hall, I thought it would be helpful to continue our podcast reading series—recently given the title “The Words of Others”—with the first section of Morningstar’s 6-part investigation into media celebrity Greta Thunberg and the climate organizations to which she’s connected.

Morningstar’s work (all six pieces have also been compiled in book form) may prove instructive as those of us who are concerned about our survival on this planet try to focus on what activity can genuinely make a positive difference for the climate, the atmosphere and the health of our ecosystems.

Listen here:

[Stephen Boni is both Ghion Journal’s current editor and a contributing writer. His main interest is in analyzing the workings of empire and exploring ways to dismantle and replace systems of oppression. A conflicted New Englander with an affinity for people, music and avoiding isms, he lives in Oakland, California with his wife and young daughter.]

Mar 01

2017

Wrong Kind of Green

Uncategorized

Commodification of the Commons Extinction Economics financialization of nature IISD SDG Knowledge Hub International Institute for Sustainable Development Natural Capital Natural Capital Forum Neliberalism Sustainable Development Goals World Conservation Congress

Nature is Priceless, Which is Why Turning it into ‘Natural Capital’ is Wrong

The Conversation

September 21 2016

by Bram Büscher and Robert Fletcher

*Natural capital a dangerous illusion that masks the way capitalist growth undermines conservation itself. Shutterstock*

An increasingly popular line of argument is that, by turning nature into capital, it is possible to reconcile a capitalist growth economy with conservation. In this way, proponents assert, conservation can be expressed in a language that economists, policy-makers and CEOs understand.

But this strategy is not just self-defeating. It is a dangerous illusion that masks the way capitalist growth undermines conservation itself.

The concept of natural capital is hot. Over the past decade a growing network of actors and organisations has banded around promotion of this concept as the key to the future of sustainable development. At the recent World Conservation Congress, natural capital was front and centre, with a launch celebration of the Natural Capital Protocol and announcement of yet another new coalition to develop private finance for conservation.

These, and many other initiatives, describe natural capital in simple terms as the nature, water, or the air that we live with on a daily basis. The Natural Capital Forum, for example, says the concept refers to

the food we eat, the water we drink and the plant materials we use for fuel, building materials and medicines.

This example – and indeed most others are premised on the fundamental assumption that “natural capital” can become the basis for a sustainable economy.

Clearly, things are not this simple, as even many proponents of these initiatives acknowledge. What’s worse is that the two main assumptions in this agenda (nature can become capital and provide services, and this could be the basis for a sustainable economy) are based on fundamental fallacies. They will not reverse the negative effects of our global growth-economy. They will in fact make them worse.

What “capital” really means

The fact that the food we eat and the water we drink apparently need to be labeled “natural capital” only becomes meaningful in the context of capitalist growth. In this context everything should, in principle, become “capital”.

It is therefore vital to be clear on what “capital” really means. In daily conversations and some economic theory, the term is frequently defined as a “stock” or as “assets”. More accurate, however, is to see capital as a process, a dynamic. It is about investing money (or value) in order to make more money (or value). In short, capital is “value in motion”.

Capital in a capitalist economy is therefore never invested for the sake of it. The aim is to extract more money or value than had been invested. Otherwise it would not be capital.

It follows that the move from “nature” to “natural capital” is not an innocent change in terminology, another word for the same thing. Rather, it constitutes a fundamental reconceptualisation and revaluation of nature. Natural capital is about putting nature to work for capitalist growth – euphemistically referred to as green growth.

The move from nature to natural capital is problematic because it assumes that different forms of capital – human, financial, natural – can be made equivalent and exchanged. In practice – and despite proponents’s insistence to the contrary – this means that everything must potentially be expressed through a common, quantitative unit: money. But complex, qualitative, heterogeneous natures, as these same proponents acknowledge, can never adequately be represented in quantitative, homogenous money-units.

And even if we try, there is an untenable tension between the limitlessness of money (we can always generate more money) and the limits of natural capital (we cannot exchange evermore money-capital into natural capital, for all eternity).

Natural capital is therefore inherently anti-ecological and has little to do with giving value to nature, or rendering this value visible. It is the exploitation of nature to inject more value, and seeming legitimacy, into a faltering capitalist growth economy.

*Natural capital is inherently anti-ecological and has little to do with giving value to nature. Shutterstock*

Failing capital markets

Another assumption is that natural capital can form the basis for a sustainable society. In practice, however, it has become clear that investing in natural capital is not all that attractive for most companies, investment firms or even governments. So, even if a price tag has been put on nature – which can never adequately capture its total value – recent research shows that markets for natural capital and ecosystem services are mostly failing. In practice they are usually not even markets at all. Rather, they are subsidies in disguise.

Further, actual private investments in natural capital are negligible compared to investments in unsustainable economic activities. This is because these are much more profitable, and hence a much better form of capital or “value in motion”.

When Ecuador, for example, asked government and private actors to invest in conservation of the Yasuni protected area, the promised investments stayed far below what was hoped for. Actual donations were much lower still. As a result, the country is now allowing companies to drill for oil in the park.

The common argument made by proponents of natural capital, namely that it helps to make the value of nature visible, is therefore deeply flawed. The value of nature is perfectly visible to investors. They know that destroying it is far more profitable than saving it.

Destruction for protection?

An even more fundamental point is that destruction of nature is increasingly becoming the basis for the conservation of nature. Programmes built on natural capital are usually geared towards offsetting the destruction of nature, which becomes the main source of the money needed for investing in conservation. In the logic of natural capital, investments in unsustainable economic activities are therefore “compensated” by equal investments in sustainable activities.

This practice, which in theory should lead to no net loss of – or better yet, net positive impact on – nature and biodiversity, leads to an untenable contradiction. It means that nature can only be conserved if it is first destroyed.

But as indicated above, this is still mostly a virtual problem since actual investments in conserving natural capital have remained insignificant. Even worse, companies generally invest much more in strong lobbies to keep environmental regulation to an absolute minimum. If they really believed that conservation would be profitable, there would be little incentive to pursue this lobbying any more.

From quantity of growth to quality of life

The conclusion is clear: natural capital is no practical or realistic solution to integrate nature into the economy or make its values visible. It is a dangerous illusion that will not only worsen but also legitimate the environmental crisis. And while some probably really believe in its potential, most of those at the helm of the current economic system must see on a daily basis that natural capital is illusory.

But by participating in it, they also know that more fundamental questions about the logic of our economy and who benefits from it are not asked. And hence they do not have to provide any answers.

But we do have to ask these questions: should we not start weaning ourselves off an economy predicated on an unsustainable quantitative growth-fetish? Should we not build an economy focused on people, nature and equality rather than one based on putting forth money only to ultimately make more money? Most especially, should we not build an economy focused on quality of life rather than quantity of growth?

With some imagination, the answers are not only straightforward but also practical, logical and truly sustainable.

[Bram Büscher: Professor of Geography, Environmental Management and Energy Studies, University of Johannesburg; Research Associate, Stellenbosch University; Professor of Sociology of Development and Change, Wageningen University]

[Robert Fletcher: Associate Professor, Sociology of Development and Change, Wageningen University]

Jan 29

2017

Wrong Kind of Green

Carbon Markets | REDD, Nature Conservancy, United Nations

"Natura Capital" Arizona Arizona Audubon BHP Billiton BirdLife International Carbon Offsets Commodification of the Commons DoD Ecological Economics Economics of Ecosystems and Biodiversity (TEEB) Ecosystem Services Externalities financialization of nature International Union for the Conservation of Nature (IUCN) Millennium Ecosystem Assessment REDD Resolution Copper Mining (RCM) Rio Tinto Sonoran Institute (SI) The International Council on Mining and Metals (ICMM) The National Audubon Society The Nature Conservancy USDA Walton Family Foundation

The Resolution Copper Land Grab: How Environmental NGOs Expand Green Capitalism

Desert Water Grab

January 28, 2017

People were outraged at the way the Resolution Copper Mining (RCM) finally achieved their land exchange in Arizona. It was the underhanded way Senator John McCain got the legislation passed that fueled the anger, but what many are not aware of is that the swap may not have been possible without the efforts of certain environmental groups. Conservation efforts functioned as currency for Resolution’s access to land, so the land grab could also be called a green grab. Green grabs are taking place in Arizona and beyond, especially around water. The Resolution Copper land exchange provides us with a way to understand the utility of the partnerships corporations forge to gain access to coveted resources.

The land swap is not yet a done deal. An appraisal to determine the equivalence of the parcels to be exchanged is due to be completed this year, according to the Arizona Daily Sun.

“It’s a big ripoff,” Sandy Bahr, director of the Grand Canyon Chapter of the Sierra Club said in an interview last year. “The American public is getting chump change in return for this ecological treasure. The lands that are offered aren’t comparable.”

McCain’s website tells a different story:

Under the bill, the Resolution Copper company would give the U.S. Forest Service and the Bureau of Land Management about 5,500 acres of land identified by the Department of the Interior as ‘important’ for conservation, including property near the San Pedro River, an important migratory bird corridor and wetland habitat for endangered species. In exchange for these lands, Resolution Copper would receive about 2,400 acres of Forest Service land for the exploration and development of our nation’s top copper asset.

While the Sierra Club does not back up the claims about how important the lands are for conservation, a few other organizations did. Arguably, the land exchange may not have been possible without the help of some of these big, more corporate-friendly environmental organizations like The Nature Conservancy and Audubon Arizona, who were involved in affirming, and even contributing to the value of the land to be exchanged for Resolution’s intended mine site. This is something Rio Tinto (majority owner of RCM) had learned from in partnering with non-governmental organizations (NGOs) in Utah and Madagascar to arrange access to land a few years before. Multinational mining companies, Rio Tinto in particular, in partnership with NGOs, have been networking to improve the reputation and legitimacy of global mining activities since the ‘90s.

arizonasonoranewsservice.com

It’s clear that the quantity of land is disproportionate in the exchange. The acreage offered up to the feds for the trade (see map) is more than double Resolution’s desired area. However, McCain needed to sneak the exchange through in the National Defense Authorization Act to get it passed because the status and importance of the Chi’chil Bildagoteel/Oak Flat area resulted in nearly a decade of failed attempts to get the land exchange accepted prior to December 2014. Clearly, the conservation claims never swayed those with strong opposition to the mine, but they do count for something.

The appraiser is required to use nationally recognized standards to come up with the value of the parcels. But not only does Resolution actually have a voice in who gets the job to appraise the properties, the Uniform Appraisal Standards for Federal Land Acquisitions’ directive is that the appraiser determine only a market value (defined within the document) for the land. This does not seem to take into consideration the cultural, spiritual, historical, and environmental values such as those attributed by opponents of the mining in the Oak Flat/Apache Leap area.

Monetarily, while Rio Tinto spent “more than $18 million buying up” the parcels to exchange, the land to which Resolution Copper gained access could be worth around 7,000 times more – over $130 billion based on copper prices as of early 2015, as a former Florida Representative pointed out in The Nation. Copper prices had fallen, but the current price is back up to near where it was then. There are many other factors to enter into the equation, however. One is that Resolution Copper has directed hundreds of thousands of dollars towards the conservation activities that may have increased the value, even if not the market value, of the exchange lands.

While the promise of jobs seems to play a bigger role in Resolution Copper’s narrative, the exchange may have been unacceptable without the purportedly valuable conservation land tracts. And now that the legislation passed, whether it is truly an equitable exchange or not is irrelevant in some ways because if the appraisal sees those lands as insufficiently valuable, RCM will just have to add more land or cash to the deal.

Yet, the conservation values of the parcels offered up by RCM were necessary, and thusly emphasized, for public and federal acceptance. In addition to meeting the equal value requirement, land exchanges are required to serve the public interest, which includes “protection of fish and wildlife habitats, cultural resources, watersheds, and wilderness and aesthetic values,” and the Forest Service gets the final say.

Some of these NGOs have consulted with Rio Tinto to contribute to an accounting method to rate the quality of land, using something they call “quality hectares” as a metric based on various values such as biodiversity to frame as offsets the land parcels they intended to “donate“.

resolution-copper-offset-chart

Although the factors, which some refer to as “ecosystem services,” used for this type of valuation, are currently considered nonmarket values not likely to be used in the appraisal, they clearly were important to RCM in determining the value of their land parcels. “Ecosystem services” is an increasingly popular economic construct used to refer to the benefits ecosystems provide to humans.

It doesn’t seem coincidental that law firm Perkins Coie, who has worked for Resolution Copper, wrote a paper in which they made the following argument:

Over the longer term—and to the extent that appropriate methodology is developed and adopted—the BLM could also use the requirement that it obtain fair market value for use of public lands to ensure consideration of ecosystem services in determining land values and rentals.

fs.fed.us

Both the Forest Service and the BLM (Bureau of Land Management) have attributed legitimacy to recognizing ecosystem services within policy. Multinational mining companies (especially Rio Tinto) and the involved NGOs have been major players on a global scale in market valuation of ecosystem services as well as ways to profit from them.

Valuation of ecosystem services, even if incorporated into the appraisal process, would likely benefit RCM. Even while “cultural,” and more rarely, “spiritual” ecosystem services can be incorporated into the value of land tracts, the fact that the Oak Flat area is not part of a reservation and is not officially recognized as sacred or culturally important works against those who have a connection with the land such as the San Carlos Apache and others.

RCM and certain NGOs’ preferred approach to environmental problems is through market-based “solutions”, which result in transferring resources into private hands. While this is a land grab, the conservation aspect is significant. RCM will gain ownership of the Oak Flat area (unless stopped) by using as currency the parcels obtained and cultivated as conservation projects. The land swap could therefore be considered a green grab. The book (and article) entitled Green Grabbing defines the process as “the appropriation of land and resources for environmental ends” where “‘Appropriation’ implies the transfer of ownership, use rights and control over resources that were once publicly or privately owned – or not even the subject of ownership – from the poor (or everyone including the poor) into the hands of the powerful.”

Why does all this matter? Aside from having more understanding about why this land exchange is not justified, we can learn from how some NGOs partner with private interests to engage in more green grabbing. The Nature Conservancy facilitates the sale of water offsets to companies such as Coca Cola, for example, based on conservation projects in Arizona. They are also supporting the efforts of big housing developments to legitimize construction where aquifers and the rivers like the San Pedro are at risk. Since Rio Tinto has been so central to the development of payments for ecosystem services programs such as offsets, the early stages of this Resolution Copper land exchange effort may have been the foray of the concept of ecosystem services into Arizona.

San Pedro River and Conflicts of Interest

Although the land exchange involved properties in various areas of Arizona, the one in the San Pedro River basin, the 7B Ranch, is the most relevant here, partly because early legislative support for the exchange related to this river. It is also the largest parcel offered by RCM.

Water conservation at the San Pedro River was made central to the land exchange idea when Rick Renzi, US Congressman from Arizona at the time, drew Resolution Copper into a scandal. Renzi was convicted in 2013 of conspiring with the owner of a piece of land in the San Pedro River basin, “to extort and bribe individuals seeking a federal land exchange…” A combination of his connections with Fort Huachuca, an army installation near the San Pedro, and his desire to have Resolution Copper purchase his friend’s property in the area caused Renzi to assert in 2005, according to Wall Street Journal, that his support of the land exchange

…would hinge in part on whether it helped fulfill a goal to cut water consumption along the San Pedro River… participants in the deal say. Fort Huachuca, a big U.S. Army base nearby, was under court order to cut water consumption, and it had been seeking help to retire farmland near the river. Mr. Renzi has longstanding ties to the base, the economic engine of the area… Resolution proposed buying and handing over to the government thousands of acres of bird and wildlife habitat along the banks of the San Pedro, which would further the water-conservation goal.

Due to the high price, Resolution Copper did not buy this property, but the land was sold to someone else. A different parcel in the San Pedro River basin became part of the exchange, a choice likely influenced by the water conservation needs of Ft. Huachuca, as emphasized by Renzi.

Renzi’s father was a retired army general who had served at Ft. Huachuca and his company (one of the congressman’s top campaign donors) has had major contracts with Ft. Huachuca. In 2003, Renzi had proposed “an amendment to the defense authorization bill, [that] would exempt Ft. Huachuca from responsibility for maintaining water levels in the San Pedro River as called for in an agreement made last year with the U.S. Fish and Wildlife Service.” Backed by McCain, it passed in November that year, despite media pointing to the conflict of interest.

Dropping groundwater levels have directly impacted the San Pedro base flow. Ft. Huachuca has faced multiple lawsuits for their impact on the riparian environment due to their groundwater pumping.

McCain has shown that he has invested as well in the fate of Ft. Huachuca in relation to the river. His relationship with Renzi likely had a lot to do with it, but he’s continued his support of the fort in recent years. The state of the San Pedro River makes at least an image of water conservation important to the land exchange even with Renzi’s interests out of the picture.

Various partnerships have developed to address, or more likely greenwash the fort’s impact on the environment. The Department of Defense and Ft. Huachuca had already been working with The Nature Conservancy since at least 1998. Significantly, one of the more recent projects is the Upper San Pedro Partnership (USPP) also involving Audubon Arizona. This came out Renzi’s legislative amendment in 2003 which shifted responsibility for water use away from the fort and onto this broader coalition of the USPP.

Shaping the land swap was a combination of these NGOs’ relationships with Ft. Huachuca specifically around the San Pedro River Basin, and Rio Tinto’s relationships with these NGOs through Rio Tinto’s Kennecott Copper mine in Utah where they partnered with NGOs like The Nature Conservancy and the Audubon Society in the late ‘90s on a wetland offset program required due to the pollution of mining tailings.

Partnerships and Payments

Of course it makes sense that environmental groups be consulted about ecologically important issues. There’s a difference, however, between consultation and granting green credentials to mining companies for dubious conservation efforts when they’ll do more damage in the long run. Taken into consideration, additionally, should be the NGOs’ actions and the financial relationship between NGOs and corporations.

One role NGOs play is in acquiescing to the claim that there is no alternative to a particular mine or other development. Then somehow their pragmatism produces “win-win solutions” to supposedly mitigate mines’ damage (this is giving them the undeserved benefit of the doubt about their own financial interests in partnering with corporations). The Nature Conservancy (TNC) and Arizona Audubon, even while denying that they took a position on the land exchange, played integral roles in confirming and even generating some of the value of the various parcels RCM obtained and worked to glorify.

An International Council on Mining and Metals (ICMM) report described one way NGOs supported RCM (see chart above):

In consultation with conservation specialists, especially the Arizona Audubon Society, RCM rated the conservation value of the parcels in terms of ecosystem condition and priority for conservation in Arizona. In doing so, RCM was able to take a semi-quantitative approach using Rio Tinto’s quality hectares method, to determine whether the parcels represented equivalent or better conservation benefits than the government land.

According to Rio Tinto,

Quality Hectares are Rio Tinto’s current metric for tracking progress towards the [Net Positive Impact (NPI)] target at the global and site levels. A wide range of biodiversity values, including threatened species, rare habitats or non-timber forest products, may be expressed in terms of their quantity and quality.

It could be argued that RCM bought access to the copper ore in Oak Flat by funding NGOs’ conservation attribution of value to the land that RCM had accumulated. NGOs acted as consultants in choosing land parcels and quantifying their value, managed some of those parcels, wrote letters confirming their value, and thereby contributed to legitimizing the exchange.

Rio Tinto/Resolution Copper started funding Arizona Audubon Society in 2003. The mining subsidiary began lobbying for a land exchange in 2005 and in the same year contracted with TNC to manage the land parcel owned by BHP Billiton called the 7B Ranch.

The 7B Ranch was the piece of land in the San Pedro River basin that ultimately became part of the land exchange. Copper companies in Arizona have purchased land not only for mining, but BHP Billiton already owned some land near the San Pedro River prior to the idea for the land exchange, likely for the water rights.

The Superior Sun reported,

Resolution purchased 7B from BHP in 2007 with the intention of including it in an eventual land exchange… David Salisbury, Resolution Copper CEO, said that the company spoke to organizations such as Arizona Audubon and The Nature Conservancy to determine conservation targets that a number of agencies might be interested in…

Although Audubon hasn’t taken a position on the proposed land exchange, they have been on record since 2005 saying that 7B is an ecologically important piece of property…

With the plan in place, Resolution and its conservation partners hope to make 7B a ready-to-use asset for the [Department of the Interior] and the public.

The Tucson Sentinel reported in 2011, “7B Ranch, which contains one of oldest mesquite forests in Arizona, lies near the fragile San Pedro River. In 2007, Resolution Copper agreed to pay The Nature Conservancy $45,000 a year to manage the property.” They also noted the, “$250,000 in grants and donations that Resolution Copper and Rio Tinto have given to the Audubon Arizona since 2003.” Their coverage stated that the Sonoran Institute (SI) was also involved in identifying parcels that would be of value in the exchange.

RCM also supported SI for at least two years (2007 and 2008) and hired SI’s Dave Richins after, as The New Times revealed, he’d been doing work for RCM for a while prior to official employment. Luther Propst of SI authored an opinion column in the Arizona Republic in 2010 in favor of the Resolution Copper mine.

News outlets such as the Tucson Citizen reported in 2005 that, “the Audubon Society, the Nature Conservancy and the Sonoran Institute have all sent [Bruno Hegner, Resolution’s general manager] letters of support.” The Tucson Sentinel wrote that “Leaders of Audubon Arizona and The Nature Conservancy have said they neither support nor oppose the overall plan. But each group has formally attested to the conservation value of the Appleton-Whittell and 7B Ranch parcels, something that Resolution Copper has noted prominently in letters and testimony to Congress.” In 2011, 2012 and 2013, the Arizona chapter of TNC sent letters to legislators reiterating their neutrality on the legislation, but elaborating on the value of the 7B Ranch property. Audubon Arizona had been managing the Appleton-Whittell ranch since the 1980’s. Notably, other Arizona-based Audubon groups (Maricopa and Tucson) have been openly opposed to the mine.

Resolution Copper partnered with Audubon Arizona, TNC, Birdlife International, along with the Salt River Project and others on the Lower San Pedro and Queen Creek Project, described by Birdlife International:

A two-year programme (2006–2007) undertook the development of a bird conservation strategy… It assisted in the provision of detailed biodiversity assessments of the land exchange parcel on the Lower San Pedro River for Resolution Copper Company and with the establishment of baseline data for the mine’s operational biodiversity action planning.

Thanks to the project, the Lower San Pedro River, from “The Narrows” north to the confluence with the Gila River, has been surveyed, nominated and recognised as a state [Important Bird Area (IBA)]. During 2006–2007, existing and newly collected data were compiled and submitted to the Arizona IBA Science Committee, in support of the IBA nomination of the Lower San Pedro River, and the nomination was accepted.

Birdlife International, which Rio Tinto has been working with since 2001 is described as “a global alliance of conservation organisations working together for the world’s birds and people.” One of Birdlife’s main partners is the Audubon Society, a group with which they’ve had overlapping board members.

It is not so difficult to imagine that an “environmental” group, such as Birdlife or TNC would accommodate a mining project considering TNC participated in drilling oil on a property they were supposed to have retired from oil production. Kierán Suckling of the Center for Biological Diversity said that TNC “has shown over and over again its willingness to take corporate money in return for stealing, destroying, or polluting indigenous and poor human communities.” TNC has partnered with many of the most notorious corporations like Exxon, BP, Dow Chemical, and Monsanto along with Rio Tinto and BHP Billiton. Birdlife had also partnered with BP, which may have been a factor in Rio Tinto partnering with the NGO in 2001.

From Greenwashing to Green Markets

Mines have pock-marked the earth, poisoned the land, water, and living beings, displaced communities, and left other destruction in their wake. One of the most notorious mining conflicts forced Rio Tinto to shut down their mine on Bougainville Island of Papua New Guinea in 1989 due to an uprising largely in response to the environmental damage caused by the mine. A lawsuit was filed against Rio Tinto over “racial discrimination and environmental harm, as well as genocide, war crimes and crimes against humanity,” arising from the mine and the military response as part of the decade-long civil war instigated by the company. Throughout the 1990’s major tailings containments collapsed each year around the world. Rio Tinto and BHP Billiton have both faced various strikes over working conditions. It’s no wonder they had to fix their reputation in order to do business.

While the Bougainville civil war was still raging, a study that Rio Tinto conducted in 1996 showed that the mining companies could benefit from addressing concern for biodiversity as part of their medium-to long-term business strategy. This may have played a part in the Rio Tinto chairman’s launch of the Global Mining Initiative (GMI) with nine of the largest global mining corporations in 1999. “The drivers for GMI were clear recognition that mining companies had problems of access to land, and access to markets, and cost of capital. The fundamental underlying reason was the reputation of the industry,” said Dr. John Groom, of mining company Anglo American.

Sarah Benabou writes that in 2000,

the GMI started a process of consultation and research known as the Mining, Minerals and Sustainable Development (MMSD) project to determine the fundamental orientations that would shape the future of the industry. This project led to the creation of the [The International Council on Mining and Metals (ICMM)] in 2002. A few months later, at the Johannesburg World Summit on Sustainable Development, the ICMM and the [International Union for the Conservation of Nature (IUCN)] started a joint dialogue on mining and biodiversity ‘to provide a platform for communities, corporations, NGOs and governments to engage in a dialogue to seek the best balance between the protection of important ecosystems and the social and economic importance of mining’ (IUCN 2003: 1).

Benabou’s Making up for lost nature? A critical review of the international development of voluntary biodiversity offsets also describes how mining companies and NGOs at an IUCN/ICMM jointly-organized workshop in 2003 could draw upon each others’ experiences regarding ways to apply a biodiversity offset approach even if it couldn’t be “transposed term-for-term” in other situations. IUCN is one of the oldest and biggest environmental NGOs.

The relationship with Birdlife, initiated by Rio Tinto in 2001 was an early venture into partnerships with such NGOs. According to Rio Tinto, “the partnership has enabled both organisations to deliver outcomes that neither could have achieved as effectively when working alone.”

It would be a mistake to frame this simply as examples of greenwashing in attempt to solve mining companies’ public relations problems and access to land. In the context of the earth’s welfare and diminishing finite resources, the extractive industry and their partners have developed market-based tools like offsets to create new financial strategies. “In this zeitgeist of crisis capitalism, the environmental crisis itself has become a major new frontier of value creation and capitalist accumulation,” writes Sian Sullivan, Professor of Environment and Culture in the UK. The commodification and financialization of so-called natural capital and ecosystem services are central to this process.

19-ecoservices_balanced The concept of ecosystem services originates with some in the field of Ecological Economics who argued that if destructive practices are unavoidable, then corporations should pay for the damage they have done (or will do) to that which we take for granted but can’t live without: the environment. Yet, if companies compensate for their externalities, a whole host of other problems arise with pricing, quantifying, simplifying and appropriating natural resources.

The introduction to Nature, Inc. spells it out: “Capitalism now endeavors to accumulate not merely in spite of but rather precisely through the negation of its own negative impacts on both physical environments and the people who inhabit them, proposing itself as the solution to the very problems it creates.” Similarly, co-editor of Nature, Inc., Bram Büscher posited elsewhere, “To believe that nature can be conserved by increasing the intensity, reach and depth of capital circulation is arguably one of the biggest contradictions of our times.”

IUCN, along with the United Nations Environment Programme (UNEP), was involved in the early 1990’s in advancing the concept of ecosystem services, aka environmental services, beginning with their Global Biodiversity Strategy. This was a predecessor to the Millennium Ecosystem Assessment (MA) completed in 2005, to which IUCN and UNEP also contributed. MA has been considered a game-changer in the way it endeavored to apply a monetary value to ecosystem services; the wide variety of beneficial (to humans) functions deriving from ecosystems, like carbon sequestration and water purification.

One of the biggest payments for ecosystem services (PES) program currently is REDD or Reducing Emissions from Deforestation and Degradation (the latest version is called REDD+) which Tom B. K. Goldtooth of the Indigenous Environmental Network said could lead to “the biggest land grab of all time.” REDD is a project of IUCN, supported by Rio Tinto (including in its early development). Rio Tinto claims that REDD+ allows them to offset their carbon footprint. The Nature Conservancy, and Birdlife International are proponents of REDD+.

REDD and the carbon trade in general have meant further financialization of nature, involving hedge funds, derivatives, and “a new generation of ‘commercial conservation asset managers’ required to broker these exchanges and revenues,” according to Sian Sullivan. “Conservation investing experienced dramatic growth after 2013, as total committed private capital climbed 62% in just two years from $5.1B to $8.2B,” reported Ecosystem Marketplace recently.

NGOs and negotiations have enabled and structured “new green market opportunities and practices as they orchestrate the social and political relations among various state and non-state actors through which the mechanisms, incentives and legitimating conditions for green grabs are established,” as is argued in Enclosing the global commons: the convention on biological diversity and green grabbing.

Experts from the big NGOs are called upon to design, implement, and/or verify such mechanisms as offsets. While carbon offsets are the most notoriously dubious, mining companies are involved in a variety of other offsets, both voluntary and regulatory.

Buying, Banking, Trading Offsets

In Utah, a land tract Kennecott wanted for storage of their tailings (materials left over from processing of mined substance) was designated as wetlands, which are regulated. So according to a case report put out by The Economics of Ecosystems and Biodiversity (TEEB),

Kennecott was thus required by U.S. law to offset, or mitigate, the loss of wetlands by the creation of an agreed number and value of habitat units… In 1996, Kennecott Utah Copper Company undertook the cleanup and construction of the 1,011 ha Inland Sea Shorebird Reserve (ISSR) in conjunction with a project to expand its tailings storage.

Kennecott Utah Copper Mine (Rio Tinto)

In addition to the required wetlands offset, Rio Tinto established a “bank” of restored surplus habitat land which, as TEEB explained, referencing an unpublished study, “could be used to offset future impacts on wetlands (584 ha) adjacent to the mitigation site… Credits from the bank can be used by Kennecott or sold to others for wetlands mitigation in accordance with the terms of the Bank Agreement with the US government.” Banking converts wetland habitat properties into assets. Rio Tinto wrote in 2011 that they have, “successfully developed and then sold wetland credits” as part of the ISSR.

Essentially, companies can profit from ostensibly going above and beyond their responsibilities (or having a “net positive impact”) for mitigating the damage they cause through mining. In many cases, profit-driven wetlands banking has been shown to result in a net loss, however.

TNC and National Audubon Society were involved in developing this wetland mitigation plan. The ISSR also became an IBA in 2004 and is part of BirdLife International’s IBA Program.

BirdLife International also endorsed Rio Tinto’s activities across the world in Madagascar. Rio Tinto owns 80% of the QMM (QIT Madagascar Minerals) ilmenite (titanium dioxide) mine in Southeastern Madagascar which started mining in 2005. The mining activities “will remove more than half of a particular type of unique coastal forest.” BirdLife described the benefits of a project implemented by a BirdLife affiliate and supported by Rio Tinto:

The direct payments [for conservation] project aims to strengthen the conservation of Tsitongambarika’s unique and threatened biodiversity, enhance water security for QMM’s mining operations… and maintain ecosystem services essential for regional development.

Rio Tinto is partnered with this affiliate in a biodiversity offset program. Note that other than biodiversity, the benefits of the project are for the mine and/or “regional development” but are subsumed into conservation as well. The biodiversity offsets involve “the financing of, or provision of land for, biodiversity conservation outside of mining zones,” explains PhD candidate in Anthropology, Caroline Seagle. The idea is that aspects of biodiversity are exchangeable (or fungible) with others, so damage to this particular type of forest can be made up for elsewhere.

biodiversityoffsets.net

For aspects of ecosystems to be treated as fungible commodities, their uniqueness and complexity needs to be erased for the sake of market exchange. This “offset ideology” is “premised upon the monetization of nature and market rationality,” writes Seagle, in “Inverting the impacts: Mining, conservation and sustainability claims near the Rio Tinto/QMM ilmenite mine in Southeast Madagascar” (for a similar more accessible version, see “The mining-conservation nexus“).

“Through the paradigm of conservation finance and payments for environmental services (PES), the ‘offset ideology’ is less mitigatory and more compensatory – making up for local damage through land allocation or financial support of nature conservation,” criticizes Seagle.

Similar to Rio Tinto’s wetland banking, these mechanisms are not only intended to compensate for damage, but to create revenue. IUCN wrote in 2011 of Rio Tinto’s further steps in Madagascar to gain from conservation:

Rio Tinto is using established relationships with its biodiversity partners and specifically its relationship with IUCN to explore how ecosystem services can be accurately valued and the implications for corporate risks and opportunities.

For companies like Rio Tinto, robust methods of valuing ecosystem services and the development of well functioning markets for ecosystem services could provide an opportunity to use large non-operational land holdings to create new income streams for Rio Tinto and for local stakeholders and communities, through the sale of ecosystem service credits.

Biodiversity offsets became a primary tool to make headway into areas they wanted to mine. An IUCN document reiterated,

[For some] Multinational companies, whose operations have an impact on biodiversity and for whom license to operate – both formal concessions from governments and social license from communities – are key to business success. Their view of biodiversity offsets is that best practice on biodiversity – possibly including offsets, whether mandatory or voluntary – is important to access land, maintain reputation… and the avoidance of interference and disruption from NGOs and local communities.

The wetlands offsets in Utah and the biodiversity offsets in Madagascar are just two experiences the mining companies could learn from leading up to the Arizona land exchange. While Rio Tinto was mandated to buy wetlands offsets for their Kennecott Utah mine, in the Arizona case, RCM had to do a land exchange to access the Forest Service land, and there seem to be no other mandatory mitigatory steps required of RCM. But they did use ecosystem services to attribute value to the conservation lands, which seemed to have some utility for them.

The land exchange was framed in terms of offsets because it of its purported mitigatory function. In his testimony before the U.S. Senate Sub-Committee on Forests and Public Lands, the President of Resolution stated in 2009, “we believe the exceptional quality and quantity of the non-federal lands that will be conveyed into Federal ownership more than off-set any expected surface impacts to the lands acquired by Resolution Copper” (my emphasis).

The ICMM featured the Arizona land exchange in a 2010 Mining and Biodiversity case studies report, framing it as an offset as well:

Given Rio Tinto’s commitment to a net positive impact to biodiversity, the land exchange presents a unique opportunity to exceed the requirements of trading land of equivalent economic value by ensuring that the land parcels offered in the trade are also of equivalent or greater value for the conservation of biodiversity and provision of environmental services – a biodiversity offset (my emphasis).

The chart from this report (see above) shows the various parcels in Arizona Rio Tinto offered up as “offsets,” along with the their quality valuation, based on consultation with Audubon Arizona and other NGOs.

Again, the biodiversity and environmental services would likely not be accounted for in the official appraisal. However, Resolution’s claim of these voluntary offsets may have contributed to an attempt to prove that the swap is in the public interest.

Conservation Value

“The American public is getting ripped off,” Silver said. “The only land that is of value is the research center’s because it hasn’t been overgrazed, but it’s of no value to the general public because it wouldn’t be open to them, unlike Oak Flat that offers recreational opportunities to the public and is of cultural value to Native Americans,” Silver said.

Many, like Robin Silver, co-founder of the Center of Biological Diversity, as quoted by the Arizona Daily Sun disagree with TNC and Audubon Arizona’s opinions of the exchange parcels. Several environmental groups opposed to the mine detailed the damage the RCM would cause, as well as the poor quality of the exchange sites in their Scoping Comments for the Resolution Copper Mine DEIS.

“The San Pedro is not free-flowing at the 7B Ranch,” Witzeman wrote.

Bob Witzeman, an environmentalist who spent several of his final years fighting against the Resolution Copper mine, commented that the 7B Ranch owned by BHP Billiton was likely purchased for its water rights and “is under no duress for need of protection… There is no danger of mining here, or developing homes here, because it is in a flood plain.”

In earning credit for offsets, protecting a site only counts for something if the site is under threat. This is called additionality. Some states and institutions require additionality as part of offset programs. The “counterfactual,” or what otherwise would have happened without a conservation project such as an offset program, is often difficult to ascertain. As far as the land exchange in Arizona goes, not only do many of the parcels seem of poor quality, especially compared to Oak Flat, it’s likely that there was no imminent threat to the largest parcel, 7B Ranch, nor the Appleton-Whittell parcel which was converted into a research facility in 1968.

This is not to say that conservation efforts are for naught (though there’s evidence that many of the projects, especially when profit-driven are not even effective), or that there is any legal weight to this point, but this needs to be considered. For example, regarding the 7B Ranch, Witzeman wrote, “BHP does own another riverside parcel with riparian habitat. BHP does plan to develop homes in that area, some 35,000 units. As of this time, they have made no commitment to protect this riparian habitat.” The land was still being preserved in 2013 (I was unable to find anything more recent) but the reason given that the real estate development plan didn’t come to fruition was the economic downturn in 2007.

This brings up another problem with offset programs called leakage. “Leakage occurs when environmentally destructive activities… are shifted from the places targeted for conservation to other sites,” explains Kathleen McAfee in Green economy and carbon markets for conservation and development: A critical view. Just one relevant example of leakage is when TNC purchased 500 acres along the San Pedro to retire it from agricultural irrigation only to have the seller begin irrigating a nearby 500 acre plot soon after.

Resolution’s protection of the 7B Ranch at the expense of nearby land can be shown in the case when the Sunzia transmission line project was in the planning stages, and two of the potential routes could have impacted the conservation value of the 7B Ranch. Resolution Copper sent a letter opposing those routes. The Final Environmental Impact Statement shows a somewhat different but nearby route as the BLM preferred alternative. RCM did not comment on other routes that would also affect the region. This not only shows that conservation is only important when it benefits the company, but it also points to another issue that comes up when profit factors into conservation. Scarcity, caused by development, increases the value of conservation products (such as offsets), thereby incentivizing conservation, but also more development.

Sian Sullivan argues that conservation banking is development-dependent. “Indeed, development that produces transformation of habitats is required for conservation credits to attain the prices that will encourage establishment of conservation banks and bankers, thereby generating trade in conservation credits as a funding strategy for conservation management.”

Seagle pointed out that as part of a strategy of sustainability in Madagascar – though applicable in other cases – Rio Tinto is paradoxically creating scarcity of biodiversity while claiming to save it.

Here and Now

The Nature Conservancy’s legitimization of development is not isolated to Resolution Copper, even in Arizona. Water is particularly vulnerable to green grabbing, as water is integral to ecosystem services as well as a necessary resource for industry. Aside from the partnerships with Ft. Huachuca noted above, TNC is also working with Castle & Cooke’s housing development called Tribute in Sierra Vista, as well as El Dorado Holdings’ Vigneto Villages housing development in Bensen, the latter involving a “mitigation parcel” as an offset. Both could be serious threats to the San Pedro and nearby aquifers, and require proof of assured water supplies.

A major threat to aquifers and other surface water in Arizona relates to what’s happening with the Central Arizona Project (CAP) water Arizona has come to depend on (though destructive). Arizona is taking voluntary Colorado River water reductions to delay an official shortage declaration triggered by Lake Mead’s water level. Water officials have been meeting with various leaders in different sectors to arrange voluntary cuts, with a plan to compensate water users (this may involve more market-based “solutions”) for 400,000 AF per year. Resolution Copper has secured a portion of Arizona’s stored water in the form of storage credits, which brings up more issues regarding recovery. RCM expects to also be able to access large quantities of CAP water, but this allocation is in a low priority category, and therefore is subject to cuts. Farmers, tribes, and others are subject to having to forego their share of CAP water, essentially to secure water for the mine (and other mining operations and water bottling, etc). As CAP reductions go into effect, stress on other sources of surface and ground water will increase.

What may be most troubling to readers is that an NGO has been selling water offsets based on watershed restoration projects, to companies like Coca Cola and Intel Corp. While they continue to use massive amounts of water, companies’ “water footprints” are allegedly reduced by voluntarily buying Water Restoration Certificates (WRC) from Bonneville Environmental Foundation (BEF). WRCs supposedly help restore a watershed in partnership with local landowners and big environmental groups like TNC. BEF also sells carbon offsets.

One such project involving TNC and BEF (supported by Walmart heirs’ Walton Family Foundation) is the relatively new Verde River Exchange Water Offset Program. Reading media coverage on this project, you wouldn’t gather that this is part of TNC’s efforts in developing water markets across the globe. Their 2016 report called Water Share: Using water markets and impact investment to drive sustainability says a lot more, revealing that their hypothetical model involves reallocating (selling or leasing) the majority of the “conserved” water from farming (that would otherwise contribute to the aquifer or river but is considered “lost”) to another sector in order to raise revenue to compensate farmers and to profit investors. These small-scale pilot projects may have much bigger implications in the future.

A few recently published papers (funded by the Walton Family Foundation) apply monetary value to and promote payments for ecosystem services of the Colorado River Basin, and suggest unbundling water rights to create a water market in the Western US. Water-marketing may be central to addressing the main obstacle to finalizing a Lower Colorado River basin Drought Contingency Plan – California’s Salton Sea. Arizona aims to resolve remaining tribal water rights claims on the state’s terms and facilitate water marketing. A major US/Mexico water agreement makes water marketing central to multiple aspects of the current and future versions. The Bureau of Reclamation has become involved in water marketing, and things may become even worse under Trump’s administration.

It is concerning that seemingly necessary feel-good projects in water conservation will actually serve capitalism. But there is no denying that there are many examples of this across the world. NGO/corporate partnerships have served to contribute to learning experiences, provide green credentials for mining companies and other development to influence media and decision-makers, and create new mechanisms for access to resources and financial gain.

Standing Rock water protectors’ efforts were evoked in an article on the Ecosystem Marketplace website in which the author declared that 2016 was a year for learning the value of water. The article promoted market-based mechanisms like those developed by TNC. The real lesson to be learned is not that the value of water should be translated into market terms, but instead many have learned that resource appropriation (when not invisible) is backed up by state violence or the threat of it. Those who physically obstruct the Resolution Copper mine, or in any other case, in protest may be treated similarly to the water protectors fighting against DAPL.

See an accompanying page on the San Pedro River for more on that.

Jan 09

2017

Wrong Kind of Green

World Wildlife Fund (WWF)

Barrack Obama financialization of nature Global Goals Payments for Ecosystems Services (PES) Prince of Wales The New Economy World Wildlife Fund (WWF) WWF

Obama to Open Post-presidency Office in World Wildlife Fund Headquarters

The “Natural Capital Project” partners

“The implementation of payment for ecosystem services,” Morningstar observes, “will create the most spectacular opportunities that the financial sector has ever witnessed.” This new mechanism for generating profits for the wealthy, she says, represents “the commodification of most everything sacred,” and “the privatization and objectification of all biodiversity and living things that are immeasurable, above and beyond monetary measure”—a mechanism that, “will be unparalleled, irreversible and inescapable.”— May 6, 2016, Jay Taber, Earth Economics

Could Obama’s move into WWF headquarters also signal what could be an acceleration of the implementation of payments for ecosystems services (also referred to as the “new economy”, “natural capital”, the financialization of nature, The Next System, etc.) by the world’s most powerful institutions and states? Consider the White House memorandum, October 7, 2015: Incorporating Natural Infrastructure and Ecosystem Services in Federal Decision-Making:

“That is why, today, the Administration is issuing a memorandum directing all Federal agencies to incorporate the value of natural, or “green,” infrastructure and ecosystem services into Federal planning and decision making. The memorandum directs agencies to develop and institutionalize policies that promote consideration of ecosystem services, where appropriate and practicable, in planning, investment, and regulatory contexts.”

+++

The Washington Post

December 12, 2016

By Jonathan O’Connell

President Obama will move on from the Oval Office on Jan. 20 but remain in Washington. (Jim Lo Scalzo/European Pressphoto Agency)

President Obama has been determining what he’ll work on once he leaves the White House and now he has a place to do it.

Obama has agreed to lease office space in the headquarters building of the World Wildlife Fund, at 1250 24th St. NW in the West End, according to two people familiar with the agreement. They spoke on the condition of anonymity because the deal has not been announced publicly.

WWF, a nonprofit organization focused on environmental conservation, owns the building and leases excess space to other organizations.

“As a former president, President Obama will have office space in Washington, D.C., when he leaves office,” said Amy Brundage, an Obama spokeswoman. She declined to confirm or identify the office’s location.

WWF did not return a request seeking comment.

While much of Obama’s post-White House focus will be based in Chicago, where he is designing his presidential library and will be building out a center that will promote leadership and other public priorities, he will also engage in other activities. One of them will entail supporting the National Democratic Redistricting Committee, which will pursue redistricting efforts to boost Democratic candidates across the country.

Mar 13

2016

Wrong Kind of Green

Carbon Markets | REDD, Non-Profit Industrial Complex

Carbon Markets financialization of nature Monetization of Nature Natural Capital Objectification of Nature Payments for Ecosystems Services (PES) privatization REDD

Don’t Put a Price Tag on Nature

Take Part

March 11, 2016

by Richard Conniff

The ‘ecosystem services’ idea devalues the natural world by trying to monetize it.

(Photo: Lena Trindade/Brazil Photos/LightRocket via Getty Images)

Not too long ago, Mexican free-tailed bats seemed like a perfect example of how conservationists could use the “ecosystem services” idea to save the natural world. These bats feed on insect pests in the Southwestern United States, and researchers have calculated that they provide a benefit to cotton farmers that was at one point worth about $24 million a year.

It would, of course, have taken a miracle worker to get the farmers to pay for a service they had always gotten for free. But before that could happen, technology and market forces intervened: BT cotton, a strain of cotton genetically modified to produce the insecticide BT, came on the market. The BT took over the job of controlling insect pests on cotton farms, and suddenly the free-tailed bats were like buggy-whip makers in the automotive age or newspaper reporters today. The value of their services plummeted by 80 percent.

Cases like this have led a lot of biologists to wonder, as the title of a recent article in the journal Trends in Ecology and Evolution put it, “Have Ecosystem Services Been Oversold?” These critics increasingly question the validity of the entire ecosystem services movement on practical and moral grounds. They ask, among other things: What happens when technological and market forces make the services a species provides, and thus the species itself, seem worthless? Is it even right to monetize and in some cases privatize nature, the ultimate public good?

The questions are worth asking because the ecosystem services idea is a movement, beloved by many conservation organizations, and the subject so far of more than 15,000 peer-reviewed articles in scientific journals. Schemes to pay for ecosystem services, such as REDD, are also a big deal in global financial markets. You might think REDD is a brand of apple ale with really stupid television advertising. But it’s an international program, arguably overhyped, called Reducing Emissions From Deforestation and Forest Degradation.

The idea behind REDD is twofold: Forests sequester carbon, harbor biodiversity, and otherwise provide ecosystem services. So why not get corporations, governments, and others to pay to protect those services, if only to offset their own carbon emissions or earn public relations bonus points? Thus Norway, a leader in the movement, has pledged $3 billion under REDD schemes to protect threatened tropical forests in Brazil, Indonesia, and other countries. This is serious money being put to work to protect natural resources, so you can understand why conservation groups might love the idea.

But much as was the case with the free-tailed bats, “there are no markets for many of the goods and services that ecosystems provide,” Jonathan Silvertown, an evolutionary biologist at the University of Edinburgh, points out in the “Oversold” article. The solution for ecosystem services proponents, he writes, has typically been to “invent a market” like the REDD scheme for carbon credits. Or they “pretend there is a market” and ask people how they would value ecosystem services in hypothetical situations. But “make-believe markets” are highly likely to fail when people are otherwise, he writes.

But make-believe markets are highly likely to fail when people are otherwise relentlessly focused on nickel-and-dime realities. The market mentality also degrades nature by attempting to turn it into a commodity. “People are not allowed to sell their organs or their children,” Silvertown writes, citing the 2012 book What Money Can’t Buy: The Moral Limits of Markets. “These have intrinsic value that is beyond price.” That’s true of species and habitats too.

The attempt to sell nature went spectacularly wrong for the government of British Prime Minister David Cameron. When he came to power in 2010, he pushed to sell off the roughly 1,000 square miles of forest that until then had been owned and protected by the national Forestry Commission. The ecosystem services idea seemed to offer the new government a bright, shiny “technocratic rationale for the deployment of its natural capital,” Silvertown writes, with the added likelihood of putting bright, shiny millions into government coffers.

Some conservation groups went along, “taking the view that it is regulation” of the forests “and not ownership that matters.” But Cameron, a conservative, was slashing regulations at the same time. The response from the British public was furious. It turned out that no amount of money could make up for what it perceived as the loss of its forests, and no amount of monetizing could capture the value of simply being able to walk in the woods. Cameron quickly backed down, with one government source describing the whole idea as “a cock-up,” or what Americans might call a FUBAR: “We just did not think.”

So, let’s think. Where does all this leave the ecosystem services idea? Trying to “unbundle” all the things we get from the natural world and put a price on them cheapens nature, and it cheapens us. The people who first developed the idea in the mid-20th century meant that conservation could benefit from showing people how their lives depend, in all sorts of unseen ways, on the natural world: Intact wetlands save downstream cities from flooding, coastal marshes serve as nursing grounds for offshore fisheries, and that air you breathe? Yes, it’s an ecosystem service, provided by healthy forests and obscure ocean microorganisms.

This is the only sense in which the ecosystem services idea deserves to live—as a constant reminder of how utterly we all depend on the priceless blessings of the natural world.

[Richard Conniff is the author of House of Lost Worlds: Dinosaurs, Dynasties, and the Story of Life on Earth, and other books.]

Feb 10

2016

Wrong Kind of Green

350.org / 1Sky, Avaaz, Bill & Melinda Gates Foundation, Carbon Markets | REDD, Foundations, Non-Profit Industrial Complex, Social Engineering

Bill Gates Bill McKibben Divestment financialization of nature New Economy Ricken Patel

Rainbow Sparkle Ponies

Culture of Imbeciles

February 9, 2016

by Jay Taber

When it comes to political con artists like Bill Gates, Bill McKibben and Ricken Patel, two of the obstacles to Ponzi scheme pattern recognition by The Climateers are illiteracy and immaturity. Illiteracy obscures the fact that over-the-rainbow puffery (like the exaggerations exhorted by the financial elite at COP21) is doomed to come crashing to earth–like all pyramid schemes do; immaturity allows the gullible to be hoodwinked into believing that somehow this time it will turn out differently. Inevitably, though, there comes a day of reckoning, and while the illiterate and immature desperately want to believe that rainbow sparkle ponies will be in their Christmas stockings this year — even though they’ve always received a lump of coal in the past — many are prepared to enthusiastically offer themselves as prey to the next fraud that comes along.

[Jay Thomas Taber is an associate scholar of the Center for World Indigenous Studies, a correspondent to Forum for Global Exchange, and a contributing editor of Fourth World Journal. Since 1994, he has served as communications director at Public Good Project, a volunteer network of researchers, analysts and journalists engaged in defending democracy. As a consultant, he has assisted indigenous peoples in the European Court of Human Rights and at the United Nations. Email: tbarj [at] yahoo.com Website:www.jaytaber.com]

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What “capital” really means

Failing capital markets

Destruction for protection?

From quantity of growth to quality of life

San Pedro River and Conflicts of Interest

Partnerships and Payments

From Greenwashing to Green Markets

Buying, Banking, Trading Offsets

Conservation Value

Here and Now