the end result is still the same: a self-perpetuating marketplace that produces no tangible assets, and exists exclusively to create wealth and power for the wealthy and powerful while making things worse for everyone else.
But what if we put carbon credits on the blockchain? That will make it useful! [/s, but I guarantee you that multiple people have business plans or actual enterprises with this mission]
There is no abstracted economic solution to the climate emergency. Have international environmental regulatory bodies charge major emitters directly in cold hard fiat USD and you’ll quickly see how incentives and disincentives should work.
