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> We have been talking about carbon markets for over three decades now and still have not solved the supply side of the equation. Talking, but never actually d
by abraae 5y ago
> We have been talking about carbon markets for over three decades now and still have not solved the supply side of the equation.
Talking, but never actually doing.
- jandrese 5y agoCarbon Credits are a thing, but the fundamental problem is that one 1 of carbon credit isn't used to pull 1 ton of carbon out of the atmosphere. Instead they're like brownie points that politicians arbitrarily set the price on. If there were some large scale way to scrub carbon out of the atmosphere then the market could work, but in their current state they are a joke.
- Dylan16807 5y ago> If there were some large scale way to scrub carbon out of the atmosphere then the market could work We don't need to wait for that to set up an impactful system. At the simplest, have a serious tax and dump a bunch of the resulting money into research grants and a big reverse auction for capture.
- liketochill 5y agoHttp://www.carbonengineering.com