Carbon Capture Credits

Something about capturing carbon credits to make money.

Well, this would at least be a way to recoup the costs of not releasing the carbon emmissions in the first place.

It's a scam because the cost of removing one ton of CO2 using carbon capture (assuming we're talking about direct air capture) is so high that very few would be ready to pay the price to remove their emissions. Again, reducing how much carbon emissions we produce is way cheaper.I've got nothing against carbon capture technology in principle, but it's not a solution that will let us continue releasing carbon into the atmosphere at anywhere near the current rate.

Couldn't you get carbon credits or whatever for this?

Why not just buy carbon offsets?

It's not a terrible idea as a way of funding work to scrub atmospheric carbon for companies who don't want to or can't do it themselves. I just wish we were more strict about only including sellers that remove (not reduce) carbon from the atmosphere in a directly measurable way.

There are at least several possibilities1) People, who don't want to be affected by global warming. Right now nobody is affected enough to pay and it is too costly (estimates are $500/metric ton, while emission per capita is around 20 tonnes/year).2) Captured carbon can be sold commercially for use in plastics industry, at some point it will be cheaper, than oil/gas extraction.3) Carbon emission trading already exists, some companies even doing it voluntary, like Goo

Seriously? They are paying real money to reduce carbon emissions or sequester carbon.

I wonder why he can't just sell carbon credits to fund it? Is that not a large market?

Putting a proper cost on carbon would go a long way