I tought that idea had legs. Just looked at the price of carbon credits. It's around $ 15.0/tCO2e [0]. And on average a commuting employee emits around 4.96kg of C02.
The price is so low it's clear the market is underpricing the externalities massively. I have to admit, the market is the wrong instrument for this problem.
[0] https://carboncredits.com/how-to-calculate-carbon-credits/ [1] https://www.climatepartner.com/en/news/how-sustainable-commu....