Re:Is carbon capture a viable solution?
by Qwertious on Tuesday November 24, 2020 @09:32PM
(#25205381)
Carbon offsets have been repeatedly shot down in the past - both as an accounting sleight of hand (for instance, what if it bankrolls a solar plant that was going to be built anyway?), and as a decadent excuse to not actually change anything, equivalent to medieval christians buying Indulgences.
I wonder if a private investor could swoop in on a coal plant project, bankroll an upgrade to something better, and sell offsets on the carbon market in California?