Maybe we could try ‘carbon keeping’ or ‘carbon never releasing’ where we keep the carbon that is currently buried underground buried underground instead of digging it up and releasing it into the atmosphere. I will try to come up with a flashier name.
I think a better idea would be to start selling carbon futures based on subprime coal mine loans. Create a big fraud bubble where a bunch of coal is supposed to exist mined out of the ground that doesn’t.
Operation Carbon Cloud we can call it.
Okay I was skeptical until I got to the name but now I’m fully on board and ready to invest some negative numbers. Can we call our ‘novel debt vehicle’ Carbon Collateralization?
“Operation Carbon Cloud harnesses the power of carbon collateralization to allow shrewd investors to leverage natural carbon capture into HUGE negative numbers.”
According to the prime minister’s former Chief of Staff Marco Mendicino, climate has always been a secondary concern. A key goal for the Carney government, Mendicino explained at a Toronto conference in January, is “to increase our oil production.”
Sad.
This is no suprise.
Reality is most Canadians don’t care about C02. We almost gave away our sovereignty over a levy designed to save us money.
I mean the name “Tar Sands” just sounded so clean and green though!?
It’s a scam, and the laws of thermodynamics and fluid dynamics mean that it’s never going to be ass effective as preventing carbon release in the first place.
It’s the difference between not breaking a vase versus trying to reassemble it later. Entropy is not on your side if you try the latter.
