1st Edition
Neoliberalism and Climate Policy in the United States From market fetishism to the developmental state
This book explores how Washington’s efforts to act on climate change have been translated under conditions of American neoliberalism, where the state struggles to find a stable and legitimate role in the economy, and where environmental and industrial policy are enormously contentious topics.
This original work conceptualizes US climate policy first and foremost as a question of innovation policy, with capital accumulation and market domination as its main drivers. It argues that US climate policy must be understood in the context of Washington’s broader efforts over the past four decades to dominate and monopolize novel high-tech markets, and its use of immense amounts of state power to achieve this end. From this perspective, many elements of US climate politics that seem confusing or contradictory actually appear to have an obvious and consistent logic.
This book will be of particular interest to students and scholars of IPE, as well as individuals generally interested in gaining a stronger understanding of US climate politics and policy, and the role and influence of neoliberalism on contemporary economic governance.
Part I Introduction
1 US climate policy, neoliberalism & the developmental state
2 Conceptualizing neoliberal climate policy in the US
Part II The developmental state vs. the deregulatory state
3 The American developmental state: from confederation to
neoliberalism
4 Neoliberalism and environmental regulation
Part III The nature and function of US climate policy
5 Pull policies: Alternative routes to climate regulation
6 Push policies: The developmental state and clean energy
Part IV Assessing neoliberal climate policy in the US
7 The functionality and sustainability of current US
climate policy
8 The future of neoliberal climate policy in the US
9 Concluding reflections
Afterword: President Trump’s Climate Policy
Biography
Robert MacNeil is Lecturer in Environmental Politics in the Department of Government and International Relations at the University of Sydney.
‘MacNeil’s analysis brings debates within ‘Varieties of Capitalism’ accounts of comparative political economy into conversation with debates about neoliberalism as a driving force in climate change politics. As such, this work makes highly important contributions both to analyses of US and comparative environmental politics and to comparative political economy.’- Matthew Paterson, University of Manchester, UK
'The book makes a persuasive case for understanding Washington as a developmental state, and by showing how its structures facilitate, at least in part, the emergence of a green economy, it cogently makes the case that neoliberalism is much more complicated than usually understood. The process whereby neoliberalism and the regulatory impulses of environmentalism collide is clearly spelled out in a way that adds nuance to the discussion and puts the American climate change debate into appropriate political context.'- Simon Dalby, University of Waterloo, Canada
