this post was submitted on 02 Feb 2024
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Carbon credits aren't a bad idea on paper, but modern businesses can sleaze up and corrupt systems at a level that's hard to anticipate.
Not at all. The problem is the offset part of many of those systems. The better way of doing it is to force companies do buy credits when they emit and those credits are supplied by the government and limited in number. Every year you decrease the number of credits and the cheapest technology to replace is replaced. That works pretty well in the EU.