• itsonlygeorge@reddthat.com
    link
    fedilink
    arrow-up
    3
    arrow-down
    2
    ·
    1 year ago

    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.

    • Franzia@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      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.