WA aims to stabilize carbon market, lower costs with key strategy
www.seattletimes.com
Linking carbon markets with California and Quebec is a long-sought way to inject stability and predictability into these uncertain times, state officials say.
  • Kairos@lemmy.today
    2·
    2 months ago

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    I’m gonna guess this is just the liberal grift of pretending carbon offsets actually do something.

    • silence7@slrpnk.netOPM
      1·
      2 months ago

      Forcing companies to buy them creates a financial incentive to not burn stuff. Its effective, but the price you have to make them pay to get rid of all the burning is higher than can be politically supported in the near term.

      • Kairos@lemmy.today
        21·
        2 months ago

        Are they required to buy them? Are there audits? Does this apply to literally all fossil fuel use?

        Either way, it still gives an excuse to keep burning fossil fuels.

        • silence7@slrpnk.netOPM
          1·
          2 months ago

          Yes, there is a requirement to buy permits in the carbon market. It applies to large emitters and fuel sellers. It does not cover non-fossil-fuel emissions sources, like some pesticides which are also greenhouse gases, or agricultural methane sources.