Something on the lines of if your company facility is using over X amount of energy the majority of that has to be from a green source such as solar power. What would happen and is this feasible or am I totally thinking about this wrong
Edit: Good responses from everyone, my point in asking this was completely hypothetical, ignoring how hard it would be to implement a restriction. My own thoughts are that requiring the use of renewable energy for high electricity products could help spur the demand for it as now it’s a requirement. Of course companies would fight back, they want money
That would actually not do anything.
So there’s this stupid thing called carbon capture right? It’s where instead of putting money into useful things there’s these companies that use a lot of resources on machines that take CO2 out of the atmosphere. The companies claim that they use “green” energy, but it doesn’t. As earmarked as that may be these machines still just use grid energy, which still uses fossil fuels. All it does is take some capacity to replace fossil fuels from green energy.
You mean “carbon offset”, not “carbon capture”. Carbon capture is where you extract carbon out of the air and make concrete or something else out of it. Capture isn’t widely done but likely will be soon.
Carbon offsets are very useful. They paid for a sizeable portion of the solar installation on my home for example. Which has cut my household power emissions by about two thirds and that’s with us selling about 80% of the generated power to the grid (where it reduces emissions for other households).