this post was submitted on 09 Oct 2023
47 points (100.0% liked)
Climate - truthful information about climate, related activism and politics.
5246 readers
345 users here now
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
One of the issues with carbon credits is they can be bought and sold. So if my company is more efficient, they can sell their remaining carbon credits to some other company which ends up polluting more.
Carbon credits are basically a fine for polluting. If you can pay the fine, it’s business as usual.
Yeah a lot of Tesla's revenue is selling carbon credits because their processes are less polluting. They make ungodly amounts of money by doing this.
Which makes the environmentaly friendly company more profitable - encouraging others to do the same.
As more and more companies do this, the number of credits can be reduced to increase their price and keep the total emissions on a downward trend.