It might sound sketchy but carbon credits and the like (economic incentive credits) have been around awhile and are a core part of several environmental plans.
While the regulatory credit the article describes is a bit different it’s similar enough that the following might be of interest:
If one party can’t stop emitting CO2, it can ask another to emit less so that, even as the first carries on producing CO2, the total amount of carbon in the atmosphere is reduced.
Tesla is “picking up the slack” until the other manufacturers can meet the requirements, which helps further their own production of electric vehicles.
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It might sound sketchy but carbon credits and the like (economic incentive credits) have been around awhile and are a core part of several environmental plans.
While the regulatory credit the article describes is a bit different it’s similar enough that the following might be of interest:
See https://www.weforum.org/agenda/2020/11/what-is-a-carbon-credit-climate-change/
Tesla is “picking up the slack” until the other manufacturers can meet the requirements, which helps further their own production of electric vehicles.
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