In a sensible world, i.e. not California IOU-land, you are of course correct. In California, for IOU customers, electric rates are pushing $600/MWh. You can f

In a sensible world, i.e. not California IOU-land, you are of course correct. In California, for IOU customers, electric rates are pushing $600/MWh. You can figure out how exactly you want to apply the emission factors: https://www.epa.gov/energy/greenhouse-gases-equivalencies-calculator-calculations-and-references https://www.epa.gov/energy/greenhouse-gases-equivalencies-ca... But you will have a hard time making the math come out in favor of electricity. Unless you have a really nice heat pump, your electricity is 100% carbon-free, and you rule out gas-fired heat pumps [0] or cogen [1], you’re probably better off burning natural gas and using the money you save to offset your carbon usage in some more effective manner than throwing it at your local utility so they can burn it. Fundamentally, carbon pricing can work when CO2 emissions are expensive and the clean alternatives are reasonably priced. California has a major problem with the latter requirement. [0] They exist but seem very rare. [1] Reputable companies make these, but the devices are large and are not friendly for residential installations.