Carbon Trading

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a critical conversation on climate change, privatisation and power

development dialogue no. 48 september 2006

Guest editor and author Larry Lohmann Editors Niclas Hällström Olle Nordberg Robert Österbergh Sub-editor Wendy Davies Production editors Mattias Lasson Gerd Ryman-Ericson Design and layout Mattias Lasson Printers Mediaprint Uddevalla, Sweden, September 2006 This issue of Development Dialogue is the second in a series of What Next project publications. It also forms part of a new phase in the journal’s history. Development Dialogue has been given a fresh look - a new cover design and a new layout. At the same time we are introducing a new and simpler numbering system, consisting of a running number along with month and year of publication.This issue is No. 48 in the series of issues published since 1972.The length of Development Dialogue issues may vary more than before.We hope the new design of the journal will meet with readers’ approval. Development Dialogue will continue to provide a space for pioneering ideas, and the essential character of the journal will remain unchanged. This issue of Development Dialogue is published in cooperation with the Corner House.

Subscribers are kindly requested to inform the Dag Hammarskjöld Centre of any changes of address or subscription cancellations. Editorial Office The Dag Hammarskjöld Centre Övre Slottsgatan 2 SE-753 10 Uppsala, Sweden Fax: +46-(0)18-12 20 72 E-mail: Website: The opinions expressed in the journal are those of the authors and do not necessarily reflect the views of the Dag Hammarskjöld Foundation. ISSN 0345-2328

Larry Lohmann works with the Corner House, a small research and solidarity organisation in the UK. He is the co-author of Pulping the South: Industrial Tree Plantations and the World Paper Economy (with Ricardo Carrere, 1996) and Whose Common Future? Reclaiming the Commons‚ (with Simon Fairlie, Nicholas Hildyard and Sarah Sexton, 1993), and...
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