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"Buying grants to pollute" is literally how cap-and-trade systems work, and they've been extremely effective at reducing pollution. We don't hear about "acid r
by YokoZar 5mo ago
"Buying grants to pollute" is literally how cap-and-trade systems work, and they've been extremely effective at reducing pollution. We don't hear about "acid rain" anymore because of cap-and-trade of sulfur dioxide.
But we don't really have cap-and-trade for carbon, so the next best thing is public pressure to be net-zero rather than literally zero.
- betaby 5mo ago> We don't hear about "acid rain" anymore Because of the de-industrialization of the West.
- Legend2440 5mo agoMore because we switched away from coal, and what coal we still use we pre-process to remove the sulfur.
- RetroTechie 5mo agohttps://en.wikipedia.org/wiki/Carbon_offsets_and_credits#Limitations_and_drawbacks https://en.wikipedia.org/wiki/Carbon_offsets_and_credits#Lim...
- mono442 5mo agoa cap-and-trade system is just a tax but more complicated and less predictable