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> The right to emit co2 will be the new currency. Well yes, that's exactly how cap-and-trade and carbon-credits work.
by DaiPlusPlus 7y ago
> The right to emit co2 will be the new currency.
Well yes, that's exactly how cap-and-trade and carbon-credits work.
- throwaway100773 7y agoNot in the us it doesn’t. The two cap and trade programs in the us do little to stop someone at the individual level from needlessly emitting - there is no economic signal to stop. Even some large emitters aren’t subject to any economic signals in rggi, and California has an odd habit of handing out allowances. In a more perfect world, you would be correct.