To achieve the Paris Agreement, greenhouse gas emissions (GHG) would have to fall by around 4% a year until 2050, compared with the current global increase of 1.2% a year.

By way of comparison, they fell by 7.6% when the world came to a halt during Covid in 2020. If we want to achieve carbon neutrality by 2050, we need to put capitalism at the service of this objective by placing collective interest and the 'commons' above individual interest.

In fact, by seeking to maximize value-creation for one category of stakeholders – shareholders – neoliberalism ends up...