4min chapter

Long Now: Seminars About Long-term Thinking cover image

Kim Stanley Robinson: Climate Futures: Beyond 02022

Long Now: Seminars About Long-term Thinking

CHAPTER

Carbon Coin

A third of the world's population lives in petro states, and they have no way to not be bankrupt. We need people are right now talking about exit ramps for pottin. Carbon coin is a great idea. You draw down a ton of c o two and you get paid carbon coin. And it's worth more in fiot currency. This is not a crypto currency. It's a fiot currency back by the central banks. And aYou make more by drawing down carbon than it costs you to do that operation. The payments have to be amartized, so you'll get payments over the next century,. Just like as if you were selling the oil or coal or

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