On: What if carbon removal becomes the new Big Oil?

[api]

There's not much money to be made in fossil fuel phase out either... some, but overall it is a cost. Halting deforestation and reforesting aggressively would be a lot cheaper at the macroeconomic level.

[beervirus → api]

Green energy is big business. There isn’t really a corresponding industry that would profit from halting/reversing deforestation.

[_pd19 → api]

> overall it is a cost

What does this mean? Seems like it is a cost from some perspectives and a positive from other perspectives.

From the perspective of green businesses, likely a positive. From the perspective of society, removing the negative externality is likely a positive.

The only cost it imposes is on those who were previously externalizing their costs on to society.