The people who should pay are the people who are going to benefit - future generations including the people who are not even born yet. Luckily we have a magic m

The people who should pay are the people who are going to benefit - future generations including the people who are not even born yet. Luckily we have a magic mechanism for doing this - the long term zero coupon bond [1]. We just issue zero coupon bonds and use the money to buy up fossil fuel assets and build replacements. The cost gets shifted onto the people in the future who will benefit from not living in a world 5˚C hotter. I actually gave a talk about this years ago - I will try and find my slides and put them up somewhere Edit. I posted the slides to my blog [2]. 1. https://en.wikipedia.org/wiki/Zero-coupon_bond https://en.wikipedia.org/wiki/Zero-coupon_bond 2. http://www.tillett.info/2015/12/13/preventing-global-climate-collapse/ http://www.tillett.info/2015/12/13/preventing-global-climate...