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

BP, Chevron, Shell, and other oil majors back arts and community groups to protect their business models, subpoenaed documents show.

BP, Chevron, Shell, and other oil majors back arts and community groups to protect their business models, subpoenaed documents show.
on

Lord Offord presented a report by Kathryn Porter, which has been criticised for giving a โ€œmisleading pictureโ€ of clean energy costs.

Lord Offord presented a report by Kathryn Porter, which has been criticised for giving a โ€œmisleading pictureโ€ of clean energy costs.
on

Jeffrey Rath recently went on Fox & Friends to discuss the oil-rich province "becoming a U.S. territory."

Jeffrey Rath recently went on Fox & Friends to discuss the oil-rich province "becoming a U.S. territory."
on

Warren Stephensโ€™ family firm has at least $250 million invested in the food and agriculture sector.

Warren Stephensโ€™ family firm has at least $250 million invested in the food and agriculture sector.