There has to be a hard limit on the amount of CO2 that can be extracted, and let that limit go down each year. Then use permit auctions or carbon coins or whatever to determine who can extract, or import. It’ll automatically make plastic and gasoline more expensive and alternatives cheaper in comparison.
Of course there’ll be lot of “but the economy” and “our competiveness”. If the last half century is anything to go by, economy wins. So that means fundamental chances to the economy. To the way money works, how loans use interests and drives growth before anything changes. For a lot of people that’s almost physically impossible to even contemplate. Usually this changes as the current system deteriorates, but that can take a while.
There has to be a hard limit on the amount of CO2 that can be extracted, and let that limit go down each year. Then use permit auctions or carbon coins or whatever to determine who can extract, or import. It’ll automatically make plastic and gasoline more expensive and alternatives cheaper in comparison.
Of course there’ll be lot of “but the economy” and “our competiveness”. If the last half century is anything to go by, economy wins. So that means fundamental chances to the economy. To the way money works, how loans use interests and drives growth before anything changes. For a lot of people that’s almost physically impossible to even contemplate. Usually this changes as the current system deteriorates, but that can take a while.