Question: https://www.pnas.org/content/pnas/117/39/24188.full.pdf https://carbonplan.org/research/microsoft-2021-insights Can you help me answer these questions by looking at these articles? How can these carbon offsets be viewed as a solution to

https://www.pnas.org/content/pnas/117/39/24188.full.pdf

https://carbonplan.org/research/microsoft-2021-insights

Can you help me answer these questions by looking at these articles?

  1. How can these carbon offsets be viewed as a solution to the market failure (specifically the negative externality) associated with carbon emissions?
  2. Do you think that this strategy can be an effective solution? Do you think that it can scale to the whole economy?

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