An exhaustively-documented new book says that theย โcarbon tradingโ approach to climate change is both ineffective and unjust.ย Carbon trading unnecessarily prolongs the world’s dependence on oil, coal and gas.ย Moreover, trading โdispossesses ordinary people in the South of their lands andย futures without resulting in appreciable progress toward alternative energy systems,โ said the book’s editor.
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The programme is โyet another bung to industrial productionโ, experts say.
Critics say new LNG ventures in British Columbia saddle Indigenous communities with debt, opaque ownership structures, and financial risk that could leave them owing billions.
Campaigners have highlighted the irony of the Tory peer warning about threats to free speech at a think tank bankrolled by a repressive regime.
Corporate pledges to fight deforestation by turning degraded pasture into cropland seen boosting demand for harmful chemical inputs.
