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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.

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