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by YokoZar 62 days 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.

3 comments

> We don't hear about "acid rain" anymore

Because of the de-industrialization of the West.

More because we switched away from coal, and what coal we still use we pre-process to remove the sulfur.
a cap-and-trade system is just a tax but more complicated and less predictable