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I don't quite understand the goal of this project. It says they're preventing 15,000 tons of emissions, but there are all kinds of ways to prevent or offset gr
by russell_h 1y ago
I don't quite understand the goal of this project.
It says they're preventing 15,000 tons of emissions, but there are all kinds of ways to prevent or offset greenhouse gas emissions for under $10/ton. So at a glance this project appears to be allowing almost 2 million tons in preventible emissions in order to... pay people to bike around and collect food scraps?
- 0xfaded 1y agoThe actual cost to retire a 1 ton co2e carbon credit should be $70-$80. A lot of these $10 programs do not actually retire the credit and sell it to somebody else, so you are in effect subsidizing the credit. https://carboncredits.com/carbon-prices-today/ https://carboncredits.com/carbon-prices-today/ TBF, this may still enable a legitimate project that is viable at $80-90 that is not at $70-80. So if you want to support a particular tree planting effort go for it.
- russell_h 1y agoInteresting, good info. To be clear though, this grant is for over $1,200 per ton.