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Does this perpetuate the idea that companies can pollute now and simply “buy” their way out? Isn’t this especially true if a lot of carbon removal technologies
by benrmatthews 4y ago
Does this perpetuate the idea that companies can pollute now and simply “buy” their way out? Isn’t this especially true if a lot of carbon removal technologies are unproven, or proven at a minuscule scale of what is needed?
I’m all for initiatives addressing the climate crisis at this size and scale, but not if this follows a similar path to the carbon credits and carbon offsetting markets we have now.
See this FT article for example: “Carbon offset transactions surge despite environmental concerns”
https://www.ft.com/content/5ca87325-0baf-47fb-85e0-b1e4746f46e9 https://www.ft.com/content/5ca87325-0baf-47fb-85e0-b1e4746f4...
- pc2g4d 4y agoI imagine for companies like those funding this, it's part of their bigger-picture plan to offset their carbon emissions, aiming for net zero and whatnot.