Shell sold millions of carbon credits for reductions in greenhouse gas emissions that never happened, allowing the company to turn a profit on its fledgling carbon capture and storage project, according to a new report by Greenpeace Canada....
The carbon credit system is designed to make companies responsible for emissions to pay money to companies who are reducing emissions. It’s a financial incentive to produce less emissions AND on the other side, a financial incentive to invest in green tech.
Using your metaphor…if you stopped cheating on your wife you could avoid spending ten grand on wife cheating credits. That’s a financial incentive to stop cheating on your wife. So many people will stop cheating on their wives. Meanwhile, people who were thinking about cheating on their wives could instead collect ten thousand bucks for being faithful. So…many of those people won’t cheat on their wives.
So happy to see a reference to Escape Velocity. I spent so many hours playing that game as a teen, modding and creating my own spaceships in Mechanisto. Good times.
Shell sold millions of carbon credits for carbon that was never captured, report finds (www.cbc.ca)
Shell sold millions of carbon credits for reductions in greenhouse gas emissions that never happened, allowing the company to turn a profit on its fledgling carbon capture and storage project, according to a new report by Greenpeace Canada....
Anybody have favorite Master System games? (lemmus.org)
If you could play one game for the first time all over again, what would it be? (i.ytimg.com)
(Saw this question asked on another popular link aggregation website and it got me thinking)...
Nightmare Scenario (xkcd.com)