> The increase in demand drives up the price of offsets,
Except there are limits which the demand, for the most part, can't overcome.
> Im lumping in things like direct air capture, bioenergy carbon capture and storage,
All of these things are energy intensive, aren't they? So as energy becomes more expensive, so do they. Demand never gets quite so high that it's worth it to pay for this, because the price is always rising. There's another alternative in such situations... "just don't buy carbon offsets". The PR hit's cheaper after all.
A lot of carbon needs to be removed from the atmosphere, something needs to do it at scale. The IPCC says we’ll need global cumulative net-negative emissions of 380 GtCO2 from 2050 to 2100 to return to 1.5°C after a likely overshoot. Focusing solely on emissions reduction will lead us directly to a global warming induced dystopia.
Except there are limits which the demand, for the most part, can't overcome.
> Im lumping in things like direct air capture, bioenergy carbon capture and storage,
All of these things are energy intensive, aren't they? So as energy becomes more expensive, so do they. Demand never gets quite so high that it's worth it to pay for this, because the price is always rising. There's another alternative in such situations... "just don't buy carbon offsets". The PR hit's cheaper after all.