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Old 11-08-2021, 01:36 PM   #2
Disco King
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Originally Posted by MyOneAndOnly View Post
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…while Musk’s own environmentally-conscious rhetoric is undercut by Tesla’s practice of selling zero-emissions credits to California automakers who fail to meet the state’s production requirements on manufacturing zero-emission vehicles.
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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