IMO your are correct. In a global carbon trading system, anyone that wanted to build something that uses fossil fuels would need to buy something somewhere else and shut it down.
Big banking houses and multinational oil companies would be among the few with enough financial muscle to pull this off on a global scale, and would essentially corner the market on the world’s cash register.
Wonder how may briefings Tillerson got on this when he was a Exxon.
A lot, I’m sure.
The Obama coal killing strategy doesn’t work against Exelon’s newest technology, which doesn’t emit CO2 or anything else into the atmosphere; but, allows placing the CO2 to use in oil formations, or transformed into carbonate rock within a basalt formation. Overall efficiency 61% on natural gas or 52% burning syn-gas from coal—while capturing all the CO2 at pipeline pressure, tapped directly off the turbine.