Chelsea Green Publishing

Carbon Shock

Pages:240 pages
Size: 6 x 9 inch
Publisher:Chelsea Green Publishing
Hardcover: 9781603585576
Pub. Date August 20, 2014
eBook: 9781603585583
Pub. Date August 20, 2014

Carbon Shock

A Tale of Risk and Calculus on the Front Lines of the Disrupted Global Economy

Availability: In Stock


Available Date:
August 20, 2014


Availability: In Stock


Available Date:
August 20, 2014

$26.00 $20.80

In Carbon Shock, veteran journalist Mark Schapiro takes readers on a journey into a world where the same chaotic forces reshaping our natural world are also transforming the economy, playing havoc with corporate calculations, shifting economic and political power, and upending our understanding of the real risks, costs, and possibilities of what lies ahead.

In this ever-changing world, carbon—the stand-in for all greenhouse gases—rules, and disrupts, and calls upon us to seek new ways to reduce it while factoring it into nearly every long-term financial plan we have. But how?

From the jungles of the Amazon to the farms in California’s Central Valley, from ‘greening’ cities like Pittsburgh to rising powerhouses like China, from the oil-splattered beaches of Spain to carbon-trading desks in London, Schapiro deftly explores the key axis points of change.

For almost two decades, global climate talks have focused on how to make polluters pay for the carbon they emit. It remains an unfolding financial mystery: What are the costs? Who will pay for them? Who do you pay? How do you pay? And what are the potential impacts? The answers to these questions, and more, are crucial to understanding, if not shaping, the coming decade.

Carbon Shock evokes a world in which the parameters of our understanding are shifting—on a scale even more monumental than how the digital revolution transformed financial decision-making—toward a slow but steady acknowledgement of the costs and consequences of climate change. It also offers a critical new perspective as global leaders gear up for the next round of climate talks in 2015.


Foreword Reviews-

"The costs of climate change are often talked about in terms of the loss of human life and environmental degradation, but the unprecedented amount of carbon in the atmosphere also has massive implications for the world economy. And when it comes to large companies that pollute and the governments that have the responsibility to regulate them, economic factors like those Mark Schapiro documents in Carbon Shock shouldn’t be overlooked. A journalist with a strong track record on the subject matter, Schapiro takes an in-depth look at this specific aspect of climate change. He does an excellent job of explaining a complicated web of interconnected economic impacts, from the way carbon offsets and credits function to how commodities from food to finance to fuel are already being affected, and how some businesses are trying to limit their risk. (…) Perhaps the strongest part of the book is Schapiro’s thorough coverage of the cap-and-trade approach, as he documents the history of carbon exchanges and clearly lays out the pros and cons of a system where industries buy the right to further pollute, and where the same challenges of any commodities market—from theft to artificial price manipulation—apply. Schapiro explains these economic issues in an accessible way, shows approaches with varying degrees of success, and adds to the evidence that numerous industries will soon have to reckon with how best to pay monetary costs as well as environmental ones.”

Library Journal-

"Journalist Schapiro (Exposed) offers a highly readable explanation of the impacts of climate change on everyday life and of public policies that attempt to embed costs associated with carbon emissions into prices, including cap-and-trade and carbon taxes. His argument for such policies is economic rather than moralistic, based on a straightforward application of the economic concept of externalized costs. Where Al Gore’s An Inconvenient Truth made a strong case for action against climate change, ­Schapiro’s focus is on the practicalities of placing a price on carbon. His account of the vulnerabilities of carbon markets to fraud and manipulation is especially compelling. However, more insight into the factors that determine whether the costs of such policies fall on producers or consumers would have strengthened the book’s final chapter. While Schapiro is writing from a U.S. perspective, his points are drawn from a wide range of global examples of both climate change impacts and environmental policies. VERDICT Recommended for readers interested in a nontechnical introduction to the rationale for, and some of the likely consequences of, economic approaches to reducing greenhouse gas emissions.”

"In his powerful new book Carbon Shock, Mark Schapiro transcends standard discussions about the well-known culprits and ramifications of climate change and takes us on a harrowing, international exploration of the universal economic costs of carbon emissions. In his path-breaking treatise, Schapiro exposes the multinational corporate obfuscation of these costs; the folly of localized pseudo-solutions that spur Wall Street trading but don’t quantify financial costs or public risks, solve core problems, or provide socially cheaper and environmentally sounder practices; and the laggard policies of the US, Russia and China relative to the EU in fashioning longer-term remedies. Not only does Schapiro compel the case for a global effort to thwart the joint economic and environmental plundering of our planet in this formidable book, but he expertly outlines the way to get there."--Nomi Prins, author of All the Presidents’ Bankers and It Takes a Pillage

Publishers Weekly-

"In this thought-provoking work, journalist Schapiro (Exposed: The Toxic Chemistry of Everyday Products) tackles the question: 'What are the costs of climate change?' In search of an answer, he embarks on a multi-year investigation that sends him across the globe. To humanize the issue, Schapiro traces the carbon footprint he leaves through such trips as a flight to Siberia, visits to the biggest commercial nursery west of the Mississippi and to Manchester (England's former textiles center), and a tour of Guangzhou, 'one of the top ten carbon-emitting provinces in a country that is itself the leading emitter.' One of the most affecting chapters recounts how an oil spill from the tanker Prestige along the coast of Galicia in 2002 devastated a nearby town's economy and cost billions in cleanup expenses. Along the way, Schapiro assesses the response from multinational corporations and governments, asserting that they don't sufficiently quantify these costs–or worse, hide them, with the help of compromised auditors. While not a deeply scientific or academic examination, Schapiro‘s tough look at how our current habits of consumption will cost us down the road, combined with his hard-hitting, journalistic style, makes for a dramatic read.”

Kirkus Reviews-

"Environmental journalist Schapiro (Exposed: The Toxic Chemistry of Everyday Products and What's at Stake for American Power, 2007) investigates the costs of our greenhouse-gas binge from new economic angles and new axes of geopolitical power. 'We can no longer rely on past events to predict future probabilities,' writes the author. 'The ground is shifting beneath our feet.' Schapiro explores the many costs of climate change: heat waves, lower rainfall in dry areas, torrential rain in wet areas, floods, refugees, public health impacts as diseases once limited to the tropics move north and south. 'Follow all those many circuits of production, follow the trails of greenhouse gasses rising into the atmosphere, and you will ultimately land upon each of us,' he writes, 'making our choices about what we consume and from where.' This is not breaking new ground, but Schapiro is particularly sharp in pointing to the elephant in the room, and not just because it is producing a great deal of methane. The costs of climate change are borne by the commons in the form of such practices as federally guaranteed insurance coverage, but most egregiously, the 'emitters of greenhouses gases get a free ride [in the U.S.]....This is known as asymmetric risk, a fine term of the financial arts that means that the public bears the risks while fossil fuels users earn the profits.' Schapiro covers a good number of projects to cut down on emissions (such as buying forests to sequester carbon dioxide, then selling that use to polluters), though we will all have to pay for pulling in the greenhouse reins, especially through the use of taxes as punitive disincentives to fossil fuel abuse and as a way to fund research into alternative energy sources. In this finely tuned study, Schapiro has some good news: Even the most fitful international negotiations admit that greenhouse gases come with a cost that must be paid.


"This is a very important book about a subject of urgent importance. Through descriptions of personal encounters with people who are trying to cope with climate change, as well as those who are producing climate change, veteran journalist Schapiro offers readers a tour through the various sources of carbon dioxide releases and the world of those who are negatively impacted by the costs of carbon emissions.  These range from the obvious sources, such as a coal-fired operation for producing electricity, to farmers who are trying to cope with climate change even while they are creating climate change by plowing the soil—which releases stored-up carbon dioxide—or by applying artificial fertilizer, which releases even more destructive gases.  Despite the grim prospects, Schapiro manages to convey the importance of taking actions to mitigate climate change without losing readers by inserting only dire warnings.  Instead, he produces a very readable book that includes important, but often unfamiliar, scientific information.  No other book manages to do what Schapiro has accomplished in terms of its combined traits; by providing both critique and solutions, he offers a readable narrative, useful information, and dire warnings—all without being weighed down by a writer's negativity. Summing Up: Highly recommended. Lower-division undergraduates and above; general readers.”

"Can keepers of the fossil flames ever be persuaded that we’re all imperiled if we don’t de-carbonize? Is it delusional to imagine building monetary bridges to a cleaner future, so that civilization – at least the civil parts of it, including everyone’s job – might survive if we did? Is any government actually still in charge, as we face what’s surely humanity’s greatest challenge? We can be grateful that Mark Schapiro has navigated some dreaded territory – the arcana of global finance – to show with blessed clarity exactly where we are so far, what’s failed and why, what might work, and where surprising hope lies."--Alan Weisman, author of Gaviotas, The World Without Us, and Countdown: Our Last, Best Hope for a Future on Earth? 

“With his skill as a writer and long experience as an investigative reporter, Mark Schapiro brings alive some unexpected angles of the most important story of our time. I thought I knew the basics of carbon and climate change, but reading this lively and intriguing book made me aware of much I didn’t know—both fascinating and disturbing.”--Adam Hochschild, author of To End All Wars


Mark Schapiro

Mark Schapiro is an award-winning investigative journalist who explores the intersection between the environment, economics, and international political power. His writing appears in Harper’sThe AtlanticYale Environment 360, The Nation, and other publications. His most recent book, Carbon Shock: A Tale of Risk and Calculus on the Front Lines of the Disrupted Global Economy, reports from environmental tension zones around the world where the costs of climate change are being experienced and fought over. His previous book was Exposed: The Toxic Chemistry of Everyday Products and What's at Stake for American Power. He is an adjunct professor at the Middlebury Institute of International Studies at Monterey and lecturer at the UC Berkeley Graduate School of Journalism. He was formerly senior correspondent at The Center for Investigative Reporting.


October 16, 2015

Mark Schapiro at 2015 Bioneers Conference

10 Avenue of the Flags, San Rafael, CA, 94903 | Mark Schapiro
Mark Shapiro will speak on a panel with Michael Brune and Atossa Soltani at the National Bioneers Conference. This panel, entitled "The Carbon Economy Disruption: Turning the Ship," will run from 2:45 PM- 4:15 PM on October 16th in the Larkspur Room. This conference will take place at the Marin Center in San Rafael from October 16-18. Various registration levels are available, as well as scholarships.

See all Events by this Author




By Mark Schapiro

From tainted pet food to toxic toys, Americans can thank the successful lobbying efforts of the U.S. chemical industry for the secret ingredients in everyday products that have been linked to rising rates of infertility, endocrine system disruptions, neurological disorders, and cancer.

While the U.S. Congress stalls in the face of these dangers, the European Union has chosen to act. Strict consumer-safety regulations have forced multinationals to manufacture safer products for European consumers, while lower U.S. standards allow them to continue selling unsafe products to Americans. Schapiro's exposé shows that short of strong government action, the United States will lose not only its ability to protect citizens from environmental hazards but also, as economic priorities shift, whatever claim it has to commercial supremacy. Increasingly, products on American shelves are equated with serious health hazards, hazards that the European Union is legislating out of existence in its powerful trading bloc, a lead that even China is beginning to follow. Schapiro illustrates how the blowback from weak regulation at home carries a steep economic, as well as environmental, price.

In Exposed: The Toxic Chemistry of Everyday Products and What's at Stake for American Power, investigative journalist Mark Schapiro takes the reader to the front lines of global corporate and political power, where tectonic battles are being waged that will determine the physical and economic health of our children and ourselves.

Available in: Paperback

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Mark Schapiro

Paperback $24.95


Mark Schapiro - Center for Investigative Reporting

Mark Schapiro: The Air America Interview

Mark Schapiro, author of Exposed, speaks to VT Law School -1

Mark Schapiro Addresses The Issue Of Toxins In American Products

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Good Morning, Beautiful Business

Good Morning, Beautiful Business

By Judy Wicks

It's not often that someone stumbles into entrepreneurship and ends up reviving a community and starting a national economic-reform movement. But that's what happened when, in 1983, Judy Wicks founded the White Dog Café on the first floor of her house on a row of Victorian brownstones in West Philadelphia. After helping to save her block from demolition, Judy grew what began as a tiny muffin shop into a 200-seat restaurant-one of the first to feature local, organic, and humane food. The restaurant blossomed into a regional hub for community, and a national powerhouse for modeling socially responsible business.

Good Morning, Beautiful Business is a memoir about the evolution of an entrepreneur who would not only change her neighborhood, but would also change her world-helping communities far and wide create local living economies that value people and place as much as commerce and that make communities not just interesting and diverse and prosperous, but also resilient.

Wicks recounts a girlhood coming of age in the sixties, a stint working in an Alaska Eskimo village in the seventies, her experience cofounding the first Free People store, her accidental entry into the world of restauranteering, the emergence of the celebrated White Dog Café, and her eventual role as an international leader and speaker in the local-living-economies movement.

Her memoir traces the roots of her career - exploring what it takes to marry social change and commerce, and do business differently. Passionate, fun, and inspirational, Good Morning, Beautiful Business explores the way women, and men, can follow both mind and heart, do what's right, and do well by doing good.

Available in: Hardcover, Paperback, eBook

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Good Morning, Beautiful Business

Judy Wicks

Paperback $17.95



By Ugo Bardi

As we dig, drill, and excavate to unearth the planet’s mineral bounty, the resources we exploit from ores, veins, seams, and wells are gradually becoming exhausted. Mineral treasures that took millions, or even billions, of years to form are now being squandered in just centuries–or sometimes just decades.

Will there come a time when we actually run out of minerals? Debates already soar over how we are going to obtain energy without oil, coal, and gas. But what about the other mineral losses we face? Without metals, and semiconductors, how are we going to keep our industrial system running? Without mineral fertilizers and fuels, how are we going to produce the food we need?

Ugo Bardi delivers a sweeping history of the mining industry, starting with its humble beginning when our early ancestors started digging underground to find the stones they needed for their tools. He traces the links between mineral riches and empires, wars, and civilizations, and shows how mining in its various forms came to be one of the largest global industries. He also illustrates how the gigantic mining machine is now starting to show signs of difficulties. The easy mineral resources, the least expensive to extract and process, have been mostly exploited and depleted. There are plenty of minerals left to extract, but at higher costs and with increasing difficulties.

The effects of depletion take different forms and one may be the economic crisis that is gripping the world system. And depletion is not the only problem. Mining has a dark side–pollution–that takes many forms and delivers many consequences, including climate change. 

The world we have been accustomed to, so far, was based on cheap mineral resources and on the ability of the ecosystem to absorb pollution without generating damage to human beings. Both conditions are rapidly disappearing. Having thoroughly plundered planet Earth, we are entering a new world.

Bardi draws upon the world’s leading minerals experts to offer a compelling glimpse into that new world ahead.

Available in: Paperback, eBook

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Jorgen Randers, Ugo Bardi

Paperback $24.95

The Organic Farmer's Business Handbook & Business Advice for Organic Farmers with Richard Wiswall (Book & DVD Bundle)

The Organic Farmer's Business Handbook & Business Advice for Organic Farmers with Richard Wiswall (Book & DVD Bundle)

By Richard Wiswall

Contrary to popular belief, a good living can be made on an organic farm. What's required is farming smarter, not harder.

In this book and DVD set longtime farmer Richard Wiswall shares his story, and offers detailed advice on how to make your farm production more efficient, better manage your employees and finances, and turn a profit. 

From his twenty-seven years of experience at Cate Farm in Vermont, Wiswall knows firsthand the joys of starting and operating an organic farm—as well as the challenges of making a living from one. Farming offers fundamental satisfaction from producing food, working outdoors, being one's own boss, and working intimately with nature. But, unfortunately, many farmers avoid learning about the business end of farming, and because of this, they often work harder than they need to, or quit farming altogether because of frustrating—and often avoidable—losses. 

The DVD consists of a filmed workshop and interview, recorded at the Northeast Organic Farming Association (NOFA) Winter Conference in 2010 and at Wiswall's Cate Farm. This workshop offers invaluable exercises for business-savvy farmers, including information on the costs of running a farm, office and bookkeeping management, creating a budget and crop enterprise plan, and getting down the the nuts and bolts of business management, that's easy to understand. Through in-the-classroom footage and step-by-step guidance to "sharpening the pencil", as well as footage of Wiswall's fields, greenhouse, and barn, viewers will leave this "workshop" knowing how to achieve true profit, that will last for years to come. Also included is a bonus disc with downloadable spreadsheets for creating your own budget, marketing, profit and loss statement, balance sheet, and cash flow.

Wiswall's book, The Organic Farmer's Business Handbook (Chelsea Green, 2009), offers more on all of this information, as well as a comprehensive business kit including:

  •     Step-by-step procedures to make your crop production more efficient
  •     Advice on managing employees, farm operations, and office systems
  •     Novel marketing strategies
  •     What to do with your profits: business spending, investing, and planning for retirement

A companion CD in the book also offers valuable business tools, including easy-to-use spreadsheets for projecting cash flow, a payroll calculator, comprehensive crop budgets for forty different crops, and tax planners.


Available in: Mixed media product

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The Organic Farmer's Business Handbook & Business Advice for Organic Farmers with Richard Wiswall (Book & DVD Bundle)

Richard Wiswall

Mixed media product $49.95

Worm Cafe

Worm Cafe

By Binet Payne and Paul Bourgeois

The Worm Cafe: Mid-Scale Vermicomposting of Lunchroom Wastes describes how a teacher and her students developed a system to compost lunchroom waste with worms and save their school $6000 per year. How they performed a waste audit, garnered support from school personnel. Discusses bins, bedding, maintenance, harvesting and using castings in the school garden. Contains earthworm diagrams, bulletin board materials, quizzes, letter to parents, charts, and dozens of resources. A manual for schools, small businesses and community groups. This comprehensive how-to manual gives complete steps for:

  • Conducting a school-wide waste audit
  • Incorporating lunchroom waste-composting into a recycling program
  • Determining worm bin size, location, and costs
  • What to use for worm bedding
  • Recognizing earthworm anatomy
  • Teaching about ecosystems and foodwebs with worm bins
  • Maintaining worm bins
  • Managing food-waste flow at your school or business
  • Harvesting worm castings
  • Student success with project-based learning

Available in: Paperback

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Worm Cafe

Paul Bourgeois, Binet Payne

Paperback $29.95