I can not-pump 100M of oil in my own back yard. And you wouldn't *believe* the r... | Hacker News

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		knodi123 on July 13, 2021 \| parent \| context \| favorite \| on: $100M xPrize for Carbon Removal I can not-pump 100M of oil in my own back yard. And you wouldn't believe the rate I can not pump it at! But seriously, this is harder than it sounds. Unless you pay him to permanently sequester $100M of oil, I don't see how it would make a difference.

lostlogin on July 13, 2021 [–]

I’ve seen this happen with farm subsidies in the UK where farmers were paid to leave the land alone. However the farmers would choose the crappiest sections to leave alone and production would be unchanged. Profit.

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