1/ If @TerraPass will sell me carbon offsets at $6 per 1,000 pounds then the entire US carbon output is only a $70 billion problem.
@harryh That's assuming perfect elasticity in the supply, which seems doubtful.
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@patrickc Ya, presumably they're charging based on marginal cost of reduction rather than average but that seems suspect to me. -
@harryh Yeah, stuff like the counterfactual offsetting -- "I'm paying you to not cut down this forest" -- seems a bit questionable. - 1 more reply
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