Re:What fossil fuels are doing to our oceans
by foozed on Thursday March 02, 2017 @11:01AM
(#13775045)
Correct me if i'm wrong, but i don't think that's how carbon credits work? Paying 10% more for gas doesn't magically reduce the CO2 emitted. I would expect that at some point, someone has to actually not emit CO2 for this to work.
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Re:What fossil fuels are doing to our oceans
by andrewwhartion on Thursday March 02, 2017 @03:02PM
(#13777672)
The carbon credit _is_ the (market-based) mechanism by which someone else has to not emit, or sequester, the CO2. [0]
Of course, it relies on there actually being a cap on carbon in the first place...
[0] https://en.wikipedia.org/wiki/Carbon_credit#How_buying_carbo...