Originally Posted by
wahoonc
Actually there was a "proposal" that was presented as a possible future scenario, IIRC it was on the BBC. Where every person on the earth is issued carbon credits. How you use those credits is up to you...
Currently, most countries issue tradeable currency through their central banks. They don't issue new money in equal shares to each person, though. The new money goes into the hands of a very select group of bankers and financiers. If the tradeable carbon credit idea ever comes to fruition, I'd expect it to work the same way. That is, most people will have to earn their necessary carbon credits by trading their labor, just like they have to earn dollars now.