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    Jonathan Schofield (urlyman@mastodon.social)'s status on Sunday, 22-Mar-2026 17:29:18 JSTJonathan SchofieldJonathan Schofield

    In the same time period, the world’s privately-owned oil companies have made $5 billion in elevated profits.

    So we might infer that the price of a tonne of carbon should be $1,000 per tonne.

    The EU has one of the highest carbon prices. It’s currently at about €68 ($79), so at least 12x too low

    #climateDiary https://mastodon.world/@davidho/116271391844076790

    In conversationabout 4 months ago from mastodon.socialpermalink

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      David Ho (@davidho@mastodon.world)
      from David Ho
      The US-Israel war on Iran has emitted 5 million tonnes of CO₂ₑ in its first 14 days. The world currently has 0.6 million tonnes of novel and permanent CO₂ removal (CDR) capacity annually. https://www.theguardian.com/world/2026/mar/21/middle-east-iran-conflict-environment-climate
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