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13: Could a New Global Currency Help Avert the Climate Crisis?

Pricing Nature

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Carbon Currency

What if carbon currency wasn't linked to central banks or the i m f at all? What if it was just a new digital currency, like bit coin, issued by an organization that verifies sequestered or reduced carbon emissions? The company nore is already trying something like this with their nore token. It seems like a digital currency that isn't directly backed by a big financial institution could be subject to considerable price volatility. But it could also be more politically vilble, fewer hurdles.

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