Carbon Tax Dystopia

The financialisation of nature’s resources as an asset class in South East Asia has several manifestations, including carbon credits, green bonds, and other initiatives that promote so called “sustainable development and environmental conservation.” Within the altruistic trappings of tapping into humanity’s desire to “save the planet” and for the perpetual quest to attain “the greater good” mythos, this dystopian road paved with green gold, is nothing short of a giant Ponzi scheme.

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