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There is a finite number of certificates - like bitcoin. Price adjusts as certificates are uses up. New certificates can be created by capturing carbon... simil
by number6 4y ago
There is a finite number of certificates - like bitcoin. Price adjusts as certificates are uses up. New certificates can be created by capturing carbon... similar to bitcoin mining.
- xorcist 4y agoYes, but the supply of certificates has been set as to ensure a soft transition to this system. When the supply tightens, prices will go up. At least that's the theory. In the current political climate where politicians all over the world compete on subsidizing electricity and fossil fuels to combat the recent price hikes for all poorly insulated home owners and car drivers, who knows what will happen.