FAA Throttles Bizjet Traffic To Idaho Billionaires' Conference - AVweb

@John Mc, If that’s a serious question, there is a serious answer. The Wikipedia article “Carbon offset” is a good place to start. They say, “…programs generate carbon offset credits provided that an emission reduction activity meets all program requirements, applies an approved project protocol (also called a methodology), and successfully passes third party review (also called verification). Once carbon offset credits are generated, any buyer may purchase them; for example an individual may purchase carbon offsets to compensate for the emissions resulting from air-travel….”. So, if plant a bunch of trees that would not otherwise have been planted, that can be a carbon offset credit. If I update my steel mill to emit less carbon, that can be a carbon offset credit. If I retire my coal-fired power plant, then its carbon emission allowance can be a carbon offset credit. Projects like that have the carbon credits to sell. And, if there is more demand to buy credits than supply to sell them, then the price can go up. This brings in market forces. The higher price encourages carbon generators to reduce their own production rather than pay for offsets, and encourages more projects which sequester carbon and reduce carbon emissions. Market pricing of carbon offset credits is a feature, not a bug.