Where W = Waste is a positive or negative result.

Let’s refine this:W = ½(+-x cubed kilometres) + 1/3(+-y cubed kilometres) + 1/6(+-z cubed kilometres).

If positive, i.e. in your favor, you sit with a carbon debit, as an asset, and with a credit to a non-distributable reserve

If negative, i.e. against your favor, you sit with a carbon credit, as a liability, and with a debit to a distributable reserve.

190 countries and all the super corporates should come up with a fuzzy ‘y’ and stick it into a terraflop computer for simultaneous solving. The result WILL be a net debit as an asset, as everybody will cheat.

So then we redo it with optimized equation solving until we sort it out and start carrying it on governments’ and corporates’ balance sheets as assets or liabilities.

Only then can we start trading carbon debits and credits.