Apparently, the state has already sold almost $1 billion of carbon credits.
News reports imply that state government has actually collected the money on the credits.
So, are financial speculators buying the credits, with a plan to resell at a profit to carbon polluters?
Are carbon producing industries buying the credits?
How do they establish a price or a market place?
I have read two news reports on this issue, and the subject is still a complete mystery for most of us.
By the way - how will the state spend the carbon credit money?
They will invest in Green Solutions!
Boeing, Amazon, Starbucks etc