ME want be wealthy.
Maybe me start up counterfeit carbon credit printing.
Anyone got picture of 'carbon credit'?
How do you “Title” such a credit?
Does it have a “VIN NUMBER” like a vehicle?
Does it have a “lot number” like a parcel of real estate?
How do we make sure that the same “tree” or “green” project or industry does not generate DUPLICATE credits, for the SAME activity?
If a forest of trees burns down, does that automatically turn the “credit” into a “debit”???
Cap and trade is not workable.
It will be the biggest financial scam in history!