| > There are also forest protection projects Same constraint as planting tree... at one point there's no more forest to protect (or the cost of protecting one just increase). It will just get more expensive. > energy transition projects This one is interesting, again, will just get more expensive with time, but that one I never seen any project that allow to buy carbon credit for theses kinds of projects. > AFAIK, the most promising CCS technology consist of burning biomass in power plants, and then using geological confinement of the sequestered carbon. Where can I offset my CO2 emission that way? I don't care about investing in a solution that has no future. If what I pay for it means that it will just make the next ton more expensive, when it's already hard to make people pay for it already, I'm not for that solution. Sure that one is 100x more expensive, but the cost can only go down with scale, and if it doesn't, well it will just push other technological solution to be developed because it's a proof there's money in sustainable solutions. |
And yet Gold Standard reports renewable energy projects are a high share of their pipeline: https://www.goldstandard.org/sites/default/files/documents/m...
> Where can I offset my CO2 emission that way?
That's still at an experimental stage AFAIK (like most CCS technology), so unfortunately not yet available for such purposes.
> I don't care about investing in a solution that has no future. If what I pay for it means that it will just make the next ton more expensive, when it's already hard to make people pay for it already, I'm not for that solution.
A more optimistic way to look at it is as such: if we commit to offsetting our emissions by buying carbon credits, rising prices will pressure us towards reducing our emissions.
That's where we want to be headed, because there is NO future where emissions remain high and are totally offset.
I would encourage you to rethink your approach as follows: invest in the transition, not in the destination.
> Sure that one is 100x more expensive, but the cost can only go down with scale, and if it doesn't, well it will just push other technological solution to be developed because it's a proof there's money in sustainable solutions.
What makes you so sure that ClimeWork's solution can scale better? Their solution requires huge energy expenditures, and its not like we have a lot of geologically favourable sites for their solution.
If you want long-term innovation, why not fund general CCS research instead? It's much more likely to yield impactful and well-thought solutions.