I know that there is ‘legacy carbon’ in the atmosphere that needs to get removed but why aren’t we leveraging carbon capture as part of industrial processes (e.g. at the factory’s smoke stack, for example). Or maybe we are already?
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Carbon capture at emission sources is still much more expensive than avoidance of carbon emissions.
Cap and trade is a market-driven mechanism to discover the cheapest ways to reduce carbon from industrial sources, but it’s critically dependent upon accurate accounting.
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