Opinion | A Carbon Tax Will Only Go So Far

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Opinion | A Carbon Tax Will Only Go So Far
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'There is a lot of talk about zero-carbon-2050 but no real plan of how to get there. A Global Carbon Allowance Trading System offers a road map that involves us all.'

Without a concerted effort from all concerned citizens on our planet, we are doomed to live on a hostile planet with dwindling freshwater supplies, and a severe lack of food. We need people of all persuasions to take to the streets in a show of solidarity. We need civil disobedience on a scale never before witnessed. Nothing less will suffice in turning the tide.

One such possibility is a Global Carbon Allowance Trading System . Presently, the more money you have, the more of the Earth’s precious resources you can waste. That’s why Bezos, Musk, and Branson et al are building private rockets to take them into space while tens of millions starve. G-CATS prohibits this by placing a rising price on CO2e and introducing carbon allowances for every citizen.tCO2e and then rising each year until the global allowance has been depleted.

When it comes to businesses, they would be motivated to produce and provide services with the least amount of materials possible because otherwise their products/services would be outside the allowance of all but the richest. This would encourage a circular economy with the thriftiest businesses who make use of recycled materials the most efficiently becoming the new tycoons.

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