• @WhatAmLemmy
    link
    13 months ago

    The government also announced changes to the credits system. These mean companies whose emissions averages across their fleet come in below the cap will gain credits that can be traded with other manufacturers who will be penalised for exceeding the cap.

    What value does this possibly provide, other than giving inefficient companies a loophole that prevents the country from overachieving our limp dick “goals” which already doom future generations to a (highly conservative) 50% chance of 2-3c.

    This whole thing is unsurprising; Labor are neoliberals owned by oligarchs — far better for the future than any conservative party — but that doesn’t make this corporate subsidy any less shit than it is.