Please find below the
This strikes me as quite a technocratic approach that is likely to be extremely difficult to implement in practice. How could we measure all these inflow / outflows or carbon? And what exactly is the mechanism through which breakthroughs in carbon capture and storage technology come about? Altogether, I find this a vague and unrealistic proposal.
This is another intriguing idea which suffers from being underdeveloped but which seems novel (e.g. obliging producers to obtain 'future insurance' according to risk of their product becoming future wastes in air, land or water.) I really can't tell if the idea has merits though, or whether a "future insurance" would have differentiated impacts from a simple tax on current production. In other words, its not clear why we can't simply consider a carbon tax with border adjustments to be a "future insurance" of the sort proposed here. The local currency section of the proposal is weaker.At the same time the proposal does not consider the political feasibility of the policy, nor offer a strategy to have it seriously implemented.
An interesting industrial ecology/symbiosis approach to the climate change problem, but ultimately this proposal lacks sufficient detail concerning the actual carbon price and is a bit too broad to be actionable.
No comments have been posted.