3 ms·
A very interesting proposal. Given the current ultra low interest rates all the costs could be directly monetized by the central banks (via "climate bonds"), ra
by jcfrei 7y ago
A very interesting proposal. Given the current ultra low interest rates all the costs could be directly monetized by the central banks (via "climate bonds"), rather than making governments pay or introducing helicopter money when the next recession hits. We just need some key to distribute the resulting jobs and manufacturing orders between the countries.