Leveraged futurity : markets and militants in the transition

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Abstract

This article provides an overview of a market-led energy transition, before enquiring into what this new terrain of struggle implies for militants. Market institutions such as central banks and private money markets dominate how transition is framed. A market-led transition requires leveraging vast amounts of capital, which in turn requires a monetary environment in which private capital dominates production. This remakes sites of political conflict: over asset values, over the state, and the profitability of energy forms. I focus on one aspect in particular: conflict over economic representations of the future. I call this ‘leveraged futurity’, analysing it in corporate narrations of energy transition as well as science fiction. This concept shows how transition constitutes a ground of struggle that has its origins in the relation between energy and value congealed in the factory, but extends far beyond it, into the time of fiscal and investment politics.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
T Technology > TJ Mechanical engineering and machinery
Divisions: Faculty of Arts > English and Comparative Literary Studies
SWORD Depositor: Library Publications Router
Library of Congress Subject Headings (LCSH): Energy transition, Energy development, Energy policy -- Economic aspects, Energy industries -- Economic aspects, Power resources -- Economic aspects, Renewable energy sources
Journal or Publication Title: Green Letters
Publisher: Informa UK Limited
ISSN: 2168-1414
Official Date: 21 May 2023
Dates:
Date
Event
21 May 2023
Published
15 May 2023
Accepted
Volume: 27
Number: 1
Page Range: pp. 66-81
DOI: 10.1080/14688417.2023.2215791
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Date of first compliant deposit: 13 June 2023
URI: https://wrap.warwick.ac.uk/176075/

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