“Even the pope gets it – carbon markets won’t fix the climate”

Good article on the problems with carbon offsets: “Carbon markets are in fact designed to seek out cheap emissions reductions such as HFC-23 destruction over fundamental structural changes to energy systems away from fossil fuels and towards renewables.” But see also Aubrey Meyer’s comment at the end: the root of the problem is that there is currently no “budget” – ie limit or cap – for carbon.