Climate's Sub-Prime Mortgages

onMay 20, 2008 @ 10:18 PDT

Carbon offsets — and emissions-trading schemes, their industrial-scale siblings — 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 being done.

By Ross Gelbspan

uk/Oil Lobbyists, Anti-Abortion Groups, and Tech Giants Flock to Reform Conference

BySam Bright

onSep 2, 2026 @ 04:57 PDT

Nigel Farage’s party is welcoming polluting interests and radical pressure groups to its annual gathering.

Analysis

Canadian Oil Executives’ Stock Holdings Increased by Over $1 Billion Amid War and Wildfires

ByMitch Anderson

onAug 27, 2026 @ 11:14 PDT

Executives at Canadian Natural Resources Limited, Suncor, and Imperial Oil saw their personal stock holdings and options skyrocket this year, according to a DeSmog analysis.

Canadian Intelligence Warned About Climate Conspiracies. This MP Kept Spreading Them.

ByMary Stuart

onAug 24, 2026 @ 08:28 PDT

As wildfires rage across the country, Cheryl Gallant continues to spread climate misinformation after a CSIS report said her conspiracy theories could increase the “threat of serious violence”.