Today's beleaguered yet expanding carbon market represents a type of relationship between economy and ecology scarcely imaginable forty years ago. This collection brings together a comprehensive array of perspectives to critically scrutinise the development and on-going maintenance of this global carbon market. The book's contributors recognise that the market itself, as well as the notion of the environment that it instantiates, is highly political and contested; thus the chapters investigate the market system and its insertion into and influence on climate and environmental governance within the global political economy.

1. Zombie markets or zombie analyses? Revivifying the politics of carbon markets Part 1: The politics of carbon before carbon 2. Resources For the Future, resources for growth: the making of the 1975 growth ban 3. Politics by other means. The making of the emissions trading instrument as a 'pre-history' of carbon trading 4. Allometric equations and timber markets: an important forerunner of REDD+? 5. Virtuous Carbon Part 2: The Politics of Carbon 6. A Neo-Gramscian Account of Carbon Markets: The Cases of the European Union Emissions Trading Scheme and the Clean Development Mechanism 7. The politics of carbon markets in the global South 8. Carbon governance in China by the creation of a carbon market 9. The currencies of carbon: carbon money and its social meaning Part 3: The politics of carbon after carbon 10. The Politics of Researching Carbon Trading in Australia 11. Dialogue of the Deaf? The CDM's Legimitation Crisis 12. The Post- and Future Politics of Green Economy and REDD+ 13. Political sellout! Carbon markets between depoliticising and repoliticising climate politics

Benjamin Stephan is a postdoctoral researcher at the Centre for Globalisation and Governance, Hamburg University, Germany.

Richard Lane is a PhD researcher at the Centre for Global Political Economy, University of Sussex, UK.