- cross-posted to:
- latestagecapitalism@lemmygrad.ml
- cross-posted to:
- latestagecapitalism@lemmygrad.ml
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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/
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 makes profit?
Multi-decade electric vehicle mandates are silly, why do governments demand to stagnate on this less than perfect efficiency platform of tech? If it is so great it will get there on its own without signalling no hope for efforts to surpass it. Genius pops up rarely but they seem sure it won’t happen in their lifetime.