[WSMDiscuss] [AEVS] The ‘net-zero’ and 'no-net-loss' greenwash | Wall Street International Magazine

Nachiket Udupa nachiket.udupa at gmail.com
Fri Aug 27 09:02:32 CEST 2021

Rajshekhar, whose mail I have forwarded below, is copied on this mail.

-------- Forwarded Message --------
Subject: 	Making sense of Net Zero
Date: 	Wed, 25 Aug 2021 22:28:12 +0530
From: 	mrajshekhar

Hello, folks.
I hope this email finds all of you well.
Over the last two days, the good folks at CarbonCopy have published my 
report on Net Zero -- re its promises and perils for India.
Do take a look.
Part one: 
Part two: 
This is a seam we will mine longer. The next task is to understand what 
is underway vis:a:vis hydrogen, ESG funds, carbon capture and storage, 
Reliance getting into renewables, and the green India mission.
And so it goes.
Warm regards to you all,

M Rajshekhar
Cellphone: 0 99109 05713
Field stories for Scroll: http://scroll.in/tags/24308/ear-to-the-ground 
Personal blog: www.mrajshekhar.wordpress.com 

On 14/07/21 7:29 pm, Nachiket Udupa wrote:
> Thanks for writing about this, Ashish.
> A couple of other articles on this I have come across recently:
>  1. https://www.rollingstone.com/politics/politics-features/the-u-s-is-about-to-go-all-in-on-paying-farmers-and-foresters-to-trap-carbon-1194250/
>  2. https://www.reuters.com/business/energy/farmers-struggle-break-into-booming-carbon-credit-market-2021-04-28/
> Incidentally, there are Indian agri-tech start-ups in this space too 
> like Boomitra <https://boomitra.com/>, which has raised money from Big 
> Ag like Yara and oil companies like Chevron 
> <https://www.thehindubusinessline.com/companies/boomitra-raises-4-million-from-yara-chevron-technology-ventures/article34915350.ece>. 
> I am given to understand that Boomitra is looking to work with 
> organisations working on agroecology in India. This is why I have 
> copied a couple of mailing lists on these issues. In addition to the 
> points you have raised in the article, there is also the question if 
> satellite imagery has sufficient resolution to be able to accurately 
> calculate carbon capture in small and marginal farms.
> At the same time, there are also valid demands for payment for 
> ecosystem services. The polluter pays principle is also fairly well 
> established. It seems that people are putting the two together to 
> arrive at ‘net-zero’ and 'no-net-loss'. People seem to be thinking 
> 'payment for ecosystem services' + 'polluter pays' = ‘net-zero’ / 
> 'no-net-loss'.
> Maybe there is a need to demand for greater criminal convictions from 
> those polluting in addition to making them pay to move away from the 
> greenwashing mindset where it is possible to buy one's way out of 
> pollution. A few years ago, however, the government seemed to be 
> wanting to go the other way since they haven't been able to secure 
> criminal convictions. And so seemed to be wanting to change these from 
> criminal to civil offences 
> <https://www.business-standard.com/article/economy-policy/rs-1-crore-penalty-for-polluters-117072900719_1.html>. 
> I don't know what, if anything, came of this.
> Anyway, the bottomline to me is that we need more conversations on 
> this issue, especially amongst those working in the agriculture domain 
> to understand these issues better and what we are getting into.
> On 14/07/21 5:21 pm, Ashish Kothari wrote:
>> Friends, here I examine how govts and companies are trying to 
>> greenwash their way out of climate and biodiversity responsibility.
>> https://wsimag.com/economy-and-politics/66356-the-net-zero-greenwash
>> Pl. don't reply on lists, unless you want to start a conversation on 
>> these issues.
>> Ashish
>> -- 
>> Ashish Kothari
>> New, for COVID relief in India! Vikalp Sutra 
>> <https://sutra.vikalpsangam.org/>
>> NOW FREE DOWNLOAD! Pluriverse: A Post-Development Dictionary 
>> <https://radicalecologicaldemocracy.org/pluriverse>
>> Ashish Kothari
>> Kalpavriksh
>> Apt 5 Shree Datta Krupa
>> 908 Deccan Gymkhana
>> Pune 411004, India
>> Tel: 91-20-25654239; 91-20-25675450
>> Kalpavriksh <https://kalpavriksh.org/>
>> Vikalp Sangam <http://vikalpsangam.org/>
>> Radical Ecological Democracy <http://www.radicalecologicaldemocracy.org/>
>> Global Tapestry of Alternatives 
>> <http://www.globaltapestryofalternatives.org/>
>> https://ashishkothari51.blogspot.com 
>> <https://ashishkothari51.blogspot.com>
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