Her AES corporate example shows how international capital exploits energy markets in the greenwashed name of profits. For example, carbon offsets in California's cap-and-trade program appear to deliver far fewer climate benefits than claimed. One among many texts have traced the potential problems of carbon markets is Upsetting the Offset: The Political Economy of Carbon Markets edited by Steffen Böhm and Siddhartha Dabhi (2009). www.gbv.de/...x Solar & wind are growing fast, almost in line with 1.5°C, but fossil fuels are not going down. Worse, it is ineffectual, assuring continued fossil fuel addiction to the last drop and environmental catastrophe.

Source: The Guardian October 29, 2023 22:02 UTC