4 ms·
A comparison would be the incentives around tax filing. Everyone has the financial incentive to cheat, but the enforcement is good enough (probability of being
by hackerlight 2y ago
A comparison would be the incentives around tax filing. Everyone has the financial incentive to cheat, but the enforcement is good enough (probability of being caught * punishment) that most people don't. The question is: how good is the enforcement mechanism as applied to sellers of carbon credits, and what is the added cost to the taxpayer of setting up such a system.
- portaouflop 2y agoThere is no enforcement mechanism and the whole idea was very very stupid from the beginning. You can’t offset or capture emissions that way, it just can’t be done - the whole idea is rotten from the core. Let’s concentrate on what is feasible - producing less emissions in the first place. Carbon capture etc just gives us the illusion
- lozenge 2y agoCarbon capture is real, carbon offsetting isn't. Offsetting is like making a "saving" by not buying something and then immediately spending the money you "saved".