> 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.
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.