If the goal is reduced emissions, I would rather have the government subsidize electrification than support the shady underworld of carbon credits.
Meanwhile the heavily EU subsidized incinerators in the Netherlands are buring up all of the EU's forests to charge those Teslas because some lobbyist managed to sneak in burning wood as a 'renewable' in the 'green' act.
Fossil fuels are about just as renewable as burning wood in reality, not at all, but hey, the Excel says so and if we don't follow the Excel we will be fined, so let them Dutch trucks carry of the last of our forests.