https://www.project-syndicate.org/commentary/global-carbon-incentive-for-reducing-emissions-by-raghuram-rajan-2021-05
The economic solution is simple: a global carbon incentive (GCI). Every country that emits more than the global average of around five tons per capita would pay annually into a global incentive fund, with the amount calculated by multiplying the excess emissions per capita by the population and the GCI. If the GCI started at $10 per ton, the US would pay around $36 billion, and Saudi Arabia would pay $4.6 billion.
The economic solution is simple: a global carbon incentive (GCI). Every country that emits more than the global average of around five tons per capita would pay annually into a global incentive fund, with the amount calculated by multiplying the excess emissions per capita by the population and the GCI. If the GCI started at $10 per ton, the US would pay around $36 billion, and Saudi Arabia would pay $4.6 billion.
Gerd Leonhard
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www.futuristgerd.com
www.gerdtube.com
gerd@hey.com (personal)
gerd@thefuturesagency.com (business)
Check my new updates page