5 ms·

The idea that we dug up a bunch of sequestered organic carbon and released it into the atmosphere, only to now try to re-sequester it and stick it back into the

• Retric 5y ago
  Yes, it seems like a really dumb idea when we are also still extracting nearly pure carbon as coal from the ground to burn. I just picture someone trying to optimize it by buying coal to then burry.
  • zacmps 5y ago
    If you were Bezos this could be a strategy; driving up the price of coal by buying it and doing nothing with it would reduce carbon emissions. Not sure how effective it would be from a CO2/$ standpoint.
    • sitkack 5y ago
      At some point, someone will make money buying coal, dig it up and then bury it again as carbon credits. I am looking at you Goldman Sachs.
      • jtsiskin 5y ago
        The existing carbon credit market already seems pretty close to that