Putting a Price on Carbon

Shell has consistently supported carbon emissions trading and, in certain areas of the world, carbon taxes. Beyond carbon capture and nature-based solutions, it promotes reliance on carbon markets as a core climate action strategy that is in line with their business goals. But how successful have these neoliberal tools really been in moving us towards an anti-colonial and anti-capitalist future? Can some of their inefficiencies be resolved by tweaking market rules or is the idea of carbon pricing simply doomed to fail based on an inherently flawed logic?