Um, no? The government can put a cap on the amount of carbon credits available on the market. There is demand to emit carbon, so a price for these credits exist

Um, no? The government can put a cap on the amount of carbon credits available on the market. There is demand to emit carbon, so a price for these credits exists independent of the existence of carbon removal industries. The problem currently is that the governments don't put (realistic) caps on the number of credits, so they are much too cheap.