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I don't understand the general thrust of this argument. There are carbon offset companies that are investigated according to sets of standards, specifically to
by tunesmith 5y ago
I don't understand the general thrust of this argument. There are carbon offset companies that are investigated according to sets of standards, specifically to rule out abuses like planting trees that will just get cut down again.
And I understand the basic system effects of: Currently it is cheap to buy enough offsets to cancel out one year of citizenship. If everyone does it, then these plentiful opportunities dry up - whether it's running out of land to plant trees or running out of pilot programs to bury carbon, it gets more expensive.
But that's a feature, not a bug. It means that over that period of time, more externalities have been captured into the system, which is exactly what we want. If companies are mandated to buy offsets and they get expensive, then it creates the incentive to create more tech to be able to sequester more carbon. Which is what we want.
- phillipcarter 5y agoThe issue is that they need to be dramatically reducing their carbon footprint right now to avoid catastrophic consequences 50 years from now (and even that is tenuous). Kicking the can down the road by paying a little tax from their record profits does not help.