The Value of a Whale: On the Illusions of Green Capitalism

This book shows that beyond the fossil fuel industry, it is the lesser-known but vastly more powerful world of asset managers and shadow banking which is inhibiting our ability to pursue climate and environmental justice. Those with the influence to effect global change increasingly see commodifying nature as the only way to do so.

Format: Paperback / softback
Length: 368 pages
Publication date: 26 July 2022
Publisher: Manchester University Press

The public's awareness and concern about the dire state of the climate and environment have reached unprecedented levels. Political parties from across the spectrum claim to be climate leaders, and overt denial is gradually diminishing. However, despite an increasing number of pledges, policies, and summits, the progress in addressing the climate and nature crises remains limited. The destruction of nature is happening at an alarming rate, and we are on track to experience a catastrophic 3°C of warming. What is holding us back from taking decisive action?

In her thought-provoking critique, Adrienne Buller delves into the fatal biases that have shaped the response of our governing institutions to climate and environmental breakdown. She questions whether the proposed solutions are truly effective. Through a comprehensive examination of the intricate connections between financial power, economic injustice, and ecological crisis, Buller exposes the myopic economism and market-centric thinking that currently undermine a future where all life can thrive.

The book explores the shortcomings of mainstream climate and environmental governance, including carbon pricing, offset markets, green growth, the commodification of nature, and the growing influence of the finance industry on environmental policy. It sheds light on the self-defeating logic of a response that focuses solely on creating new opportunities for profit while disregarding the inequalities and injustices that have contributed to these challenges.

While acknowledging the gravity of the situation, The Value of a Whale offers a hopeful and optimistic perspective. It prompts us to reflect on what we truly value in the face of crisis. The book aligns with United Nations Sustainable Development Goal 11, which aims to create sustainable cities and communities. By raising awareness and promoting transformative change, we can work towards a more sustainable and equitable future for all.

Weight: 406g
Dimension: 130 x 197 x 27 (mm)
ISBN-13: 9781526162632