I worked on 🇨🇦 climate policy & cap & trade for a decade. I saw the goalposts (CO2 targets) shift & insufficient investment in low carbon transition from the public & private sectors
I'm now in Bitcoin b/c the economic incentives are there to accelerate renewables, use waste tires, address CH4 leaks, & stabilize grids
Bitcoin is a means to address negative environmental externalities w/out regulation that's meant to close that gap. So instead of a stick approach (regs), we're using a carrot (economic incentive wrt coinbase reward)
This is the optimal path forward