Sci-Fi Economics (with Kim Stanley Robinson)
Pitchfork Economics with Nick Hanauer
00:00
The Carbon Coin Is a One Aspect of Green Quantitative Easing
The idea would be this that the central banks would if you could prove and so again at this point you need a rating agency that you had drawn carbon out of carbon dioxide out of the atmosphere, you would get paid for it. So, one carbon coin per ton of carbon type basis, and the central Banks would back that coin, give it a floor such that they would be paying you more than it cost you to draw that carbon down. Now, and since this is an economy show I can say that payments would have to be discounted that have to take a haircut, and be more sized and paid out over 100 years on a schedule like it would have been sold in the first place.
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