This is a big story that will probably fly under the radar. That’s too bad because it gets at the underlying scammy nature of the climate change movement.
Every time a state government or a corporation announces a particular environmental target, most of the time what they mean is that they’re going to make some small changes and then they’ll buy some offsets or credits to compensate for the rest.
For example, makers of actual cars were forced to buy credits from Tesla by California so that working-class drivers were financing luxury car owners. Airlines now routinely announce that they’re buying offsets which means a portion of your ticket is going to pay off some company that is supposedly doing some environmentally sound. Your power company buys credits resold by some company that’s supposedly running wind farms in Wyoming (that nobody needs) which doesn’t mean that you’re using wind power, but that you’re paying for someone else to use wind power to atone for your use of fossil fuels.
Obviously, this is already a scam. And the few sincere environmentalists who believe the sky is actually falling denounce it as such. But it’s an incredibly lucrative scam that moves billions if not trillions of dollars around.