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How do you offset a ton of emitted CO2 for $8? Here Stripe is paying between $75 and $775 per ton: https://stripe.com/blog/first-negative-emissions-purchases ht
by erentz 6y ago
How do you offset a ton of emitted CO2 for $8? Here Stripe is paying between $75 and $775 per ton: https://stripe.com/blog/first-negative-emissions-purchases https://stripe.com/blog/first-negative-emissions-purchases
- lacker 6y agoThat's for "negative emissions" which are more expensive than offsets. I got my data from https://www.theverge.com/2019/8/19/20811981/stripe-carbon-capture-climate-change-pay-negative-emissions https://www.theverge.com/2019/8/19/20811981/stripe-carbon-ca... which cites the $8 figure.
- erentz 6y agoOh. But surely carbon offsets in the best scenario are an accounting gimmick, and inappropriate for a case like this where you want to compare truly CO2 free production of a resource. If a mine releases CO2, but doesn't actually remove it, then it's still released. It sounds to me like I should set up a giant CO2 production factory and then people can pay me not to run it. Great business. The people paying me are still pumping CO2 into the atmosphere but greenwashed with a carbon offset gimmick.