Comment Re: Fraud (Score 2) 42
Carbon taxes > Carbon credits. It removes the incentive to fudge carbon reductions for profit in this way, instead only emissions are measured and the closer they get to 0, the less companies pay. The taxes can then be spent on things like doing real atmospheric/oceanic carbon sequestration by a government that doesn't have a profit motive incentivizing them to screw it up in a way that conveniently funnels zillions of dollars into top management's wallets.