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by bioipbiop 2104 days ago
> If I emit a ton and pay credits to offset a ton, a ton is still out there

The basic idea is to allow companies to ramp down their emissions by releasing fewer credits each year.

I could see a compromise being that one carbon credit is worth a tonne of carbon emissions, but two tonnes of sequestered carbon. So companies would have to pay for the removal of some factor of what they produce.

1 comments

I like it - having the ability to both support sequestering and the transitioning of others with a single "credit".