Skip to main content
Work with the NEU
No more credit for carbon offset
Carbon market complexities are used to obfuscate the weak evidence that they can meaningfully reduce emissions, argue ROX MIDDLETON, LIAM SHAW and JOEL HELLEWELL
Polution from an nnamed factory in Sweden [Public Domain]

THE climate crisis produces a radical change in the needs and aims of both the world’s population and the powerful agents that shape our lives.

The crisis presents uncertainty: opportunities for both revolutionaries and reactionaries to seize control of the moment.

As climate consciousness has become mainstream, ideas in capitalism and neoliberal governance have evolved. One such idea is “green capitalism” in the form of carbon markets.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Relatives console Muna Khadka, center, who lost her son Aayush Khadka in flash floods, at a cremation ground in Chitwan, Nepal, Monday, Aug. 31, 2026
Environment / 4 September 2026
4 September 2026

The glacier collapse in Nepal is yet another warning that a warming planet is making Himalayan disasters more frequent and destructive – but the countries facing the greatest risks are often those least responsible, says LI YANG

climate
Book Review / 19 December 2025
19 December 2025

IAN SINCLAIR recommends an important and timely book for climate politics right now and in the future

Attendees listen to Brazil’s President Lula during Cop30
Features / 18 November 2025
18 November 2025

From summit to summit, imperialist companies and governments cut, delay or water down their commitments, warn the Communist Parties of Britain, France, Portugal and Spain and the Workers Party of Belgium in a joint statement on Cop30

Erhai lake
Climate Crisis / 9 October 2025
9 October 2025

One of the major criticisms of China’s breakneck development in recent decades has been the impact on nature — returning after 15 years away, BEN CHACKO assessed whether the government’s recent turn to environmentalism has yielded results