Global 4C: Empowering Humanity for Carbon Transition with Smart Money by crcsolutions.org
Please find below the
Semi-Finalist Evaluation
Judges'' comments
I don't think the creation of a new legal, global currency (digital or otherwise) is realistic. Not sure this is responsive to the topic re a US carbon price, although I appreciate the recognition that a US carbon price, alone, is unlikely to make a meaningful difference.
Creating new currencies to reward carbon mitigation seems a bit of a Rube Goldberg answer to the problem - too complicated to understand easily and quite likely to go wrong in some unexpected ways. Nor is it clear how it leads to a conventional system of carbon pricing, which was the question being asked. Either a price is put on carbon or a cap on emissions - either one will create tangible value for mitigation, which can be expressed in available currencies.
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