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Why are carbon credits a joke? Carbon pricing is an obvious Pigovian approach to reducing emissions and it's what we'll eventually end up using, in conjunction
by quotemstr 8y ago
Why are carbon credits a joke? Carbon pricing is an obvious Pigovian approach to reducing emissions and it's what we'll eventually end up using, in conjunction with CCS. What's the problem?
- mirimir 8y agoThe problem is that they'll be effective, if ever, two or three decades too late.
- lozenge 8y agoThat depends on the price theye are set at. It is not surprising that the politicians who have the environment near the bottom of their priority list (ie all of them) have created credit systems riddled with loopholes.
- mirimir 8y agoI don't see how it depends on price. If it's too late, it's too late. And OK, maybe if you're talking about serious scale CO2 removal. Or (dog forbid) stratospheric sulfate injection. But where would the energy for that come from? Where would our food come from?