Jonathan SchofieldMar 22

Also in the last fortnight, 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.

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

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

David Ho (@[email protected])

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

Mastodon
Show threadMichel Lind 
@urlyman this gives me Children of Men vibes. Sigh, what a world we live in when scifi you once thought of as unrealistically catastrophic now feel very spot on
Mar 22 at 10:17amWeb
Show threadJonathan SchofieldMar 22
@michel_slm yep. Me too