
Indulgences for Sins
Honestly, the specific thing I see wrong with the carbon credit system that it allows companies to assume they have the illusion of some more time to get in gear, which they don't.
The good thing is that emerging non-established infrastructures would have the funding to get it right in the meantime, which is of course, a very good thing.
It's just phrased wrong. It's not a sin-balancing carbon offset. It's a carbon tax claiming mechanics in a "free" market. I wish it were implemented as such.