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These solutions make sense to me. To get there, I think we need a price on carbon. Use the revenue to pay a dividend, to make it palatable to the general public
by gdubs 7y ago
These solutions make sense to me. To get there, I think we need a price on carbon. Use the revenue to pay a dividend, to make it palatable to the general public. Ratchet it up aggressively over the next five to ten years. Let people trade credits to spark innovation, reforestation, etc.
Basically follow the Behavioral Economics of a 401k plan. Get people to start contributing anything, then get them to commit future raises and bonuses to the plan. The more “out of sight, out of mind” the better.