• Windex007@lemmy.world
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    1 year ago

    Carbon offsets fund subsidies to make companies that do choose to use cost-innefective tech able to do so.

    The idea is that once people are actually using the tech, it will allow those industries to get more efficient, letting them close the gap in deployment costs. Eventually making it so it isn’t cost prohibitive anymore with or without the subsidies.

    It’s a carrot and stick system, instead of simply a stick system as you describe.