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Karl Marx, in an expression later popularized by sociologist John Bellamy Foster, called this disjuncture in the ecosystem capitalism's "metabolic rift."

[...] We have to recognize that we are, and have been for a long time, the manipulators and managers of nature. Even those who acknowledge this in one breath will still fall back on metaphors like reduced “carbon footprint” — as if we could just step more lightly and allow nature to repair itself. …

Cap and trade doesn't disciple capital; it coddles it. It does alarmingly little to force a sharp break from fossil fuel dependence. In fact, it actually establishes barriers to the comprehensive zero-carbon transition we need by giving big emitters an easy out. Instead of making the big, risky inv…