‘The plan is to use a “Green New Deal” and a “New Deal for Nature” to spark a “Fourth Industrial Revolution” which will make a lot of people very rich, including the venture capitalists who have voiced support for XR.’
“Now is NOT the time to offer an escape route to polluting Northern country governments and big oil.”
As the United Nations climate summit COP 25 kicked off in Madrid, Spain on Monday, environmental advocacy groups warned that market-driven approaches to tackling the global emergency are an obstacle to real solutions to rein in emissions and making those most responsible for the crisis pay.
At issue are international carbon markets, which, as a DW headline put it, will “take center stage.”
Young climate activists protest carbon markets
“Big polluters must be rubbing their hands in glee that carbon market mechanisms, which further dilute the already weak and inadequate Paris emissions targets, are back on the agenda,” said Dipti Bhatnagar, Climate Justice and Energy Program coordinator for Friends of…
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