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So basically what you are saying is that there is nothing created other than paper wealth? So, mandating that people act in a certain manner to create an artificial economic bubble is the goal? That is a terrible idea. The government might not make money off the deal, but the private sector is going to have a whole market for "carbon credits" that is essential backed by nothing. Therefore, creating wealth from nothing in the form of this bubble that will explode, hurting us all again.
So basically what you are saying is that there is nothing created other than paper wealth? So, mandating that people act in a certain manner to create an artificial economic bubble is the goal? That is a terrible idea.
The government might not make money off the deal, but the private sector is going to have a whole market for "carbon credits" that is essential backed by nothing. Therefore, creating wealth from nothing in the form of this bubble that will explode, hurting us all again.