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strommen | 6 years ago

Carbon credits vs. carbon tax isn't an either/or.

Carbon tax discourages emitting carbon into into the atmosphere. Carbon credit encourages sucking carbon out of the atmosphere. Both are needed.

One advantage to carbon credits is that anybody can pay them, whereas only the government can enforce a carbon tax. And when it comes to the Amazon, this means the Brazilian government...whose leader is a climate denier that wants to bulldoze the Amazon for agriculture.

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SubiculumCode|6 years ago

Ah I see..I had thought that producing fewer emissions than target/allowance would be given a credit they can sell to others. That is different than Credits for Carbon capture. Thanks for clarifying.