Comment by 29athrowaway

Carbon credits are rarely audited and often do not truly offset the amount of carbon they claim to capture.

If externalities were important to the economists, after many decades, there would be a high sense of urgency to model the most important processes and assimilating them into the theory, but after many decades all the work has been put into how to eat the pale blue dot and turn it into money, an abstract concept that won't be useful when the worldwide famines start.