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🛢💸 The real deal about Carbon Pricing: Difference between revisions
🛢💸 The real deal about Carbon Pricing (view source)
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[[File:emission-vs-free-allowances_2013_carbonleakage_evidence_project_ecorys.png|thumb|Thumbnailed image|Emission versus free allowances in the steel industry. Carbon-leakage evidence project, Ecorys, 2013, p.33.]] | [[File:emission-vs-free-allowances_2013_carbonleakage_evidence_project_ecorys.png|thumb|Thumbnailed image|Emission versus free allowances in the steel industry. Carbon-leakage evidence project, Ecorys, 2013, p.33.]] | ||
Exaggerating the carbon benefits of an offset is a common practice too<ref>Take for instance the HFC-23 GHG destruction model that made China built 18 new refrigerant manufacturing plants equipped with HFC-23 incinerators for $100 millions, thus generating $5,7 billions in CDM offsets credits. This type of offset credit has since been eliminated by EU officials (in 2011). | Exaggerating the carbon benefits of an offset is a common practice too<ref>Take for instance the HFC-23 GHG destruction model that made China built 18 new refrigerant manufacturing plants equipped with HFC-23 incinerators for $100 millions, thus generating $5,7 billions in CDM offsets credits. This type of offset credit has since been eliminated by EU officials (in 2011). | ||
source: https://www.carbontax.org/carbon-tax-vs-the-alternatives/offsets/</ref>; and same goes with what is called “carbon leakage” scam: companies are threatening governments, pretending they will close plants and delocalize in countries with no or less costly carbon pricing systems. Governments are then weakened when it comes to the negotiation of free allowances, but all this claim that carbon pricing could disadvantage companies dangerously has never been proven right in years. EU commissioned reports show no proof of carbon leakage<ref>See those different documents: | source: https://www.carbontax.org/carbon-tax-vs-the-alternatives/offsets/</ref>; and same goes with what is called “carbon leakage” scam: companies are threatening governments, pretending they will close plants and delocalize in countries with no or less costly carbon pricing systems. Governments are then weakened when it comes to the negotiation of free allowances, but all this claim that carbon pricing could disadvantage companies dangerously has never been proven right in years. EU commissioned reports show no proof of carbon leakage<ref>See those different documents: | ||