DeSmog

Everyone's Mesmerized by the Market — Except Mother Nature!

authordefault
on

What’s the difference between “cap-and-trade” and a “credit default swap?”

Not much!

“All the methods of pricing carbon permit the creation of a carbon market that will allow us to pollute beyond a catastrophic tipping point. In other words, they require us to put a price on the final “killing” tonne of CO2 which, once emitted, tips the balance and triggers runaway global warming.”  

Related Posts

on

A new report shows global spending on carbon capture and hydrogen subsidies "failed to make a dent in carbon emissions" after 50 years of research and development.

A new report shows global spending on carbon capture and hydrogen subsidies "failed to make a dent in carbon emissions" after 50 years of research and development.
on

The Tory leadership candidate has criticised the UK’s net zero targets while accepting donations from fossil fuel investors and climate denial funders.

The Tory leadership candidate has criticised the UK’s net zero targets while accepting donations from fossil fuel investors and climate denial funders.
on

A flagship climate scheme will cost taxpayers billions, with no guarantee of a meaningful impact on emissions.

A flagship climate scheme will cost taxpayers billions, with no guarantee of a meaningful impact on emissions.
on

Rupert Lowe has been campaigning against climate action while owning a heat pump supplier.

Rupert Lowe has been campaigning against climate action while owning a heat pump supplier.