this post was submitted on 04 Aug 2023
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How to make yourself richer and protect the planet – Elevator Pitches (mastodon.social)
submitted 1 year ago* (last edited 1 year ago) by jlou@mastodon.social to c/videos@lemmy.world
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How to make yourself richer and protect the planet – Elevator Pitches

https://youtu.be/fCEIjEUlQr4

"To generate climate dividends, Barnes would implement a hard, declining carbon cap. (A tax ..., he says, is not enough ...) Permits would be auctioned ... to upstream sources, where carbon enters the economy. As the number of permits declined, permits would [increase in] value... and dividends would increase, driving a virtuous ... cycle that brings public support behind carbon reduction"

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