3 ms·
> the price of a CO2 offset is not a constant. Well asymptocially it is. And then the real intersting stuff happens, because economy becomes aligned. > But cu
by seppel 6y ago
> the price of a CO2 offset is not a constant.
Well asymptocially it is. And then the real intersting stuff happens, because economy becomes aligned.
> But currently there's still an absolute glut of fairly-cheap CO2 reduction methods that just aren't being done, or wouldn't be done without the offset pricing, so it's still a net benefit to do them.
There also is a net harm if people get the wrong impression of what the real cost of CO2 is.
- freeone3000 6y agoWhat is the "real cost" of a loaf of bread? It doesn't make sense to talk of things as if they have an absolute inherent dollar value, as both the cost to produce these things and the relative utility of dollars both change. The asymptotic bound assumes current technology and current dollar values, which are both going to change in the tens of years involved.