DeSmog

Facebook-f X-twitter
Subscribe
Donate
Donate

DeSmog

Donate
Search
Search

Climate's Sub-Prime Mortgages

authordefault
By Ross Gelbspan
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.

By Ross Gelbspan

Related Posts

Pathways Proponent Claims Carbon Capture Project Only 'Slightly Smaller' Despite Reduction by Half
ByTaylor Noakes
on

Oil Sands Alliance's Kendall Dilling confirms that the proposed carbon capture project is more scaled back than oil producers originally advertised.

Oil Sands Alliance's Kendall Dilling confirms that the proposed carbon capture project is more scaled back than oil producers originally advertised.
uk/UAE Influence on Reform Should be Investigated โ€“ Report
ByAdam Barnett
on

The Gulf petrostate is forging alliances with radical right-wing parties across the world.

The Gulf petrostate is forging alliances with radical right-wing parties across the world.
Analysis
Q&A: Amy Westervelt on the Corporate Poisoning of the Information Aquifer โ€” and How to Undo the Harm
ByMatthew Green
on

The acclaimed climate accountability journalist says bold steps are needed to reverse the insidious impact of decades of industry propaganda on the public square.

The acclaimed climate accountability journalist says bold steps are needed to reverse the insidious impact of decades of industry propaganda on the public square.
Series: Holding the Advertising and Public Relations Industry Accountable for Greenwash and Climate Misinformation
Series: Advertising & PR Industry
Suncor Helped Lead Climate Denial Group Spreading โ€˜Uncertaintiesโ€™
ByGeoff Dembicki
on

With a U.S. Supreme Court decision looming on whether the company can be held liable for climate deception, internal documents show a campaign to question science.

With a U.S. Supreme Court decision looming on whether the company can be held liable for climate deception, internal documents show a campaign to question science.