ClimateCoin by Dennis Peterson
grout Jul 21, 2014 10:59
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Interesting feature of this proposal is it can be implemented along with almost any
other plan. For example, the benefits compound for the company that cuts carbon emissions
and buys offsets. The coin would be a financial boost while spending less on carbon taxes.
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Huynh Phu Dat Jul 25, 2014 10:08
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Dear Dennis Peterson ,
Just kidding , do you invest in Climate Coin ?
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Dennis Peterson Jul 25, 2014 10:27
Member
| Proposal contributor
Hah, no, it doesn't exist yet :)
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Huynh Phu Dat Jul 25, 2014 11:04
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Even doesn't exist , I think when you success with this proposal , you will invest . Anyway , good luck !!!
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Dennis Peterson Jul 25, 2014 11:33
Member
| Proposal contributor
Every dollar "invested" is a dollar offsetting carbon. Jump on in! :)
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Climate Colab Aug 5, 2014 08:24
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Based on issues with existing allowances and their markets, it is hard for me to see how this would work to produce meaningful results anytime soon. The presentation does not persuade me otherwise.
Creating an artificial currency to incentivize carbon offsets 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 way. Nor is it clear how it leads to a conventional system of carbon pricing, which was the question being asked.
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