Quote:
Originally Posted by Disco King
I dislike Musk as much as anyone else, but isn't this how these systems are supposed to work?
You set a an emissions cap and force companies who want to pollute more to incur higher costs by buying the ability to do so from somebody else? That way, if they want to pollute, they have to at least internalize the negative externalities/social cost of doing so instead of being allowed to do it for free. It essentially acts as an emissions tax, while furthering incentivizing the cutting of emissions by allowing companies to make money on emitting less pollution than the next company.
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it totally is, but are there some companies that don't use them OR sell them? no idea