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The Guardian - UK
The Guardian - UK
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Adrienne Buller

What’s really behind the failure of green capitalism?

Network Rail sign warning of extreme weather on 19 July 2022.
‘How is it, despite a steady drumbeat of extreme weather events that the world remains so profoundly far from the outer limits of the climate targets considered “safe”?’ Photograph: Niklas Halle’n/AFP/Getty Images

Last week, temperatures crested at 40C (104F) in England, bringing the climate crisis to the fore and spurring a fresh wave of dismay. How is it, despite a steady drumbeat of extreme weather events, a rising tide of public outcry, and growing consensus across the political spectrum, that the world remains so profoundly far from the outer limits of the climate targets considered “safe”?

The answer is increasingly located not in climate denial, but in a proliferation of non-solutions advocated by policymakers and business interests with varying degrees of earnestness and good intention, under the umbrella of “green capitalism”. These are proposals sold as urgent, pragmatic tools for cutting emissions or reversing ecosystem loss, but which in fact deliver neither.

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