Originally Posted by Platy
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.
This reads like the governments have absconded with a birthright and given it to corporations to be doled out to people only if they work hard enough for it. First carbon emissions then clean water and air? Or did I mis understand again?
That's just how capitalism works. And it only works for the capitalists.
