Comment by wredcoll
11 hours ago
The thing is, we really don't need people competing at selling carbon credits because it's an industry that literally only exists due to badly written regulations so it's hard to come up with a ton of sympathy.
11 hours ago
The thing is, we really don't need people competing at selling carbon credits because it's an industry that literally only exists due to badly written regulations so it's hard to come up with a ton of sympathy.
Saying it exists only due to badly written regulations is rather bold assertion. It exists, because companies damage what isn't theirs. It is a regulation to protect property rights.
Companies are polluting shared resources. Classic tradegy of commons.
Credits is one of things we have come up that does work.
Sure, we could just ban it outright and say goodbye to industrial civilization. Most people don't agree with that.