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What about the carbon credits for building out renewable energy systems locally/domestically? Those exist.

• al_borland 2y ago
  Those systems should get built out because they make sense to build out. Having a company feeling justified in releasing tons of extra co2 in the process seems like it nullifies some of the good the plant would bring.
  • kevindamm 2y ago
    Suppose many of those projects would not be built out without channeling significant capital to it, and carbon credits being an effective means of securing that capital. Would that change the calculus for you? Note that I recognize many (possibly most?) carbon credits programs are bogus or worse, but trying to draw attention to circumstances where it's not always so cut and dry.
    • faeriechangling 2y ago
      I think the most cut and dry situations is which they capture concentrated emissions from something like an O&G refinery or a cement plant, since it's an effort which ONLY exists for the sake of reducing emissions. Even some of these, hilariously enough, despite how insanely quantifiable their benefits are, you see phenomenon like phantom credits like where Alberta, Canada gave Shell double credit for each tonne of Co2 they actually reduced. I'm sure subsidies for green energy projects do reduce emissions, I just think the accounting is BS.
    • al_borland 2y ago
      I think for renewable energy to win it has to be financially viable on its own. If it requires carbon credits to get started, is it going to be viable without them?