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Decarbonization - Coggle Diagram
Decarbonization
Carbon offsetting
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Issues
Although carbon offsetting does equalize the production of carbon unofrtunately it does not encourage polluters to stop producing greenhouse gasses. They encourage them to fund other entities to do so.
Benefits
Carbon offsetting causes a neutrality in carbon emissions which is exceedingly beneficial for the environment because it helps with slowing down global warming and solve our energy crisis, with other benefits to air quality, ecological recovery, and landscape beautification.
Carbon trading
What is it
Carbon trading is the process of buying and selling permits and credits that allow the permit holder to emit carbon dioxide.
The number of available permits decreases over time, putting pressure on the participating companies to invest in cleaner production options and reduce their CO2 outputs.
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Negatives
Because at the beginning carbon permits were handed out for free it led to the prices to drop and ineffective emission reductions
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