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Its not that they aren't primarily related to it, most proposals are neutral as to whether a ton of CO2 is avoided or sequestered. It just so happens to be the
by thinkcontext 7y ago
Its not that they aren't primarily related to it, most proposals are neutral as to whether a ton of CO2 is avoided or sequestered. It just so happens to be the case that its relatively expensive to capture and sequester CO2 from the atmosphere compared to emissions avoidance. The lowest hanging fruit is efficiency (better insulation, more efficient appliances, cars, etc), followed by lower carbon forms of electricity, etc.
We'll likely need to do sequestration but, assuming a gradually rising carbon price, it won't make economic sense to do it at scale until we've done the more cost effective things first.
- jandrese 7y agoThe nice thing about working markets is that it would naturally pressure people to do the cost effective stuff first. If buying carbon offsets is appropriately expensive you have a major incentive to avoid buying them.