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The "value" of the carbon credits is the pollution that is deterred from the program as a whole.


Not everything in life has a cash it in monetary value. Although the cost to clean up advanced damage often cost much more than stopping it or slowing it down in the first place... so I guess there would be some project worth there in the lack of future clean up or restorative costs.


This is nothing like sub-prime loans. What you are advocating for plain and simply is more pollution with no cost for that pollution to be born by those creating the pollution. That would on it's face seem very wrong. At least if one was against pollution. 


What's the actual "monetary value" of ANY antipollution effort? There is none. It's a regulation to foster a healthier planet & healthier people on that planet. 


Why not just let factories dump hazardous waste directly into the local stream or not cause the coal companies to bear the cost of scrubber stacks? That's all a TAX on business. 


Of course we know that answer. It's because any good person doesn't want their families and their children drinking dangerous water or breathing smog filled air. The same is true of greenhouse gases.


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