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Carbon credits are doing their exact purpose. It is moving profitability into environmentally friendly sectors and out of polluting sectors. This is in order to
by smaryjerry 5y ago
Carbon credits are doing their exact purpose. It is moving profitability into environmentally friendly sectors and out of polluting sectors. This is in order to make polluting more expensive and environmentally friendly cheaper... I’m not sure why you would think selling carbon credits is evil.
- bellyfullofbac 5y agoSo if I'm allowed to put out 1000kg of CO2, and my neighbour as well for a total of 2000kg of CO2, hey, let me be zero emissions and emit 5kg of CO2. Hooray, it's better for the environment, the CO2 emissions are down 995kg! Oh wait, I sold my credits to my neighbor, so total CO2 emissions are still 2000kg. Hooray, I'm saving the planet! Worship me! /s
- smaryjerry 5y agoI see why you are confused because that’s not how it works. A manufacturer is required to produce say 20% electric vehicles to reduce carbon emissions. To reach the goal, unless they pay someone who is producing electric vehicles they will be fined. This basically boosts the electric vehicle industry and hurts the gas vehicle industry. If you are in favor of the environment this should be a good thing. Companies are encouraged to go electric, and if you don’t everything is more expensive for the company and the consumer. You don’t need to worship anyone, the point is to encourage a transition to lower carbon and few companies can do it. You don’t need to worship anyone.