It is well documented that carbon markets have failed spectacularly in achieving their environmental objectives and that many carbon offset projects have a devastating social impact. In spite of this evidence,carbon markets remain the main policy tool to address climate changein Europe, based on the misguided hope that they will work “once the price is right”.
Related Articles

Austerity
Bill Mitchell – US Congress to consider a vote on condemning MMT – signals progress
When the US Far Right and liberal economists start panicking like this, you are obviously on the right track. Read here

Finance
Maurice Stucke: Data Competition Won’t Protect Your Privacy
Regulators propose democratizing data and encouraging competition to reign in Big Tech. But such moves won’t go far enough in protecting user privacy. Read Here

Climate Crisis
Noah Smith: Why has climate economics failed us?
Economists could have helped in the fight against climate change. So far, they haven’t. Read here
Be the first to comment