Climate's Sub-Prime Mortgages

authordefault
on

Carbon offsets โ€” and emissions-trading schemes, their industrial-scale siblings โ€” are the environmental version of subprime mortgages.

They both started from some admirable premises. Developing countries like China and India need to be recruited into the fight against greenhouse gases. And markets are a better mechanism for change than command and control. But when those big ideas collide with the real world, the result is hand-waving at best, outright scams at worst. Moreover, they give the illusion that something constructive is beingย done.

authordefault
Admin's short bio, lorem ipsum dolor sit amet consectetur adipisicing elit. Voluptate maxime officiis sed aliquam! Lorem ipsum dolor sit amet consectetur adipisicing elit.

Related Posts

on

Residents call for more transparency around โ€œhyperscaleโ€ data center announced last month for Twiggs County.

Residents call for more transparency around โ€œhyperscaleโ€ data center announced last month for Twiggs County.
Analysis
on

Coal, oil and gas have been killing people for centuries. Weโ€™re still paying for it.

Coal, oil and gas have been killing people for centuries. Weโ€™re still paying for it.
on

Unsubstantiated allegations against top climate advocates part of campaign to โ€œdiscredit and defundโ€ civil society actors in EU, says transparency campaigner.

Unsubstantiated allegations against top climate advocates part of campaign to โ€œdiscredit and defundโ€ civil society actors in EU, says transparency campaigner.
Analysis
on

San Francisco-based developers launch publicity drive to soothe local concerns over giant project.

San Francisco-based developers launch publicity drive to soothe local concerns over giant project.