> not captured by the financial side. The EU has emissions caps. Each year fewer and fewer carbon emissions rights are auctioned out. https://ec.europa.eu/cli

> not captured by the financial side. The EU has emissions caps. Each year fewer and fewer carbon emissions rights are auctioned out. https://ec.europa.eu/clima/eu-action/eu-emissions-trading-system-eu-ets/emissions-cap-and-allowances_en https://ec.europa.eu/clima/eu-action/eu-emissions-trading-sy... Maybe it doesn't yet reflect the externalities on the environment. But it eventually will. The 2030 target is set so that the EU becomes climate-neutral. https://ec.europa.eu/clima/eu-action/climate-strategies-targets/2030-climate-energy-framework_en https://ec.europa.eu/clima/eu-action/climate-strategies-targ... Until that time, I'll take the plane whenever I feel like it.