BrunoGenovese
Rookie
- Nov 12, 2021
- 11
- 11
- 1
My first post on the topic. Being quite disgusted by the political wrangling and low progress at COP26 I started thinking of a simple, purely scientific, non-political solution.
This is just an idea and probably needs to evolve, but it creates a strong incentive to reduce emissions regardless of whether countries join an accord for it:
- Determine what per-capita carbon emissions is required to completely stop global warming.
- Measure each country's per-capita carbon emissions (probably already done) once a year. Use that value for the following year.
- If the exporting country is below the cap, nothing happens.
- If the exporting country is over the cap AND the importing country has lower per-capita emissions then apply a Global Carbon Import Tax (GCIT). Tax % rate to be determined, and proportional to the difference in per-capita emissions. High emitters pay the most, especially when exporting to low emitters. Note that I am saying nothing about what the tax % rate should be, I have no idea... scientists and economists will have to figure what is the right rate to achieve the goals while minimizing any negative effects.
- 25% of GCIT is paid by the exporter company directly to a global UN fund, to be used in emission reduction projects. Projects to be selected by a panel of scientists purely on its merit towards reducing global warming. Projects managed by UN teams with total transparency and public exposure, with no funds ever handed over to a country to reduce misuse and corruption (money goes directly to the individuals and organizations doing the work).
- 75% of GCIT is paid by the exporter company to the importing country *if* the importing country is a signatory of the accord. Low emitters get rewarded this way, and rewarded more the lower their emissions are, even below the cap. If the importing country is not a signatory the 75% goes to the global fund.
- If the importing country is a signatory and the exporting company has not yet paid, customs will not allow the import (already a standard procedure in most countries when import taxes aren't paid).
- Taxation starts 1 year after the initial signing of the accord to give countries and companies time to get ready. After the 1st year signers can activate as soon as they are technically ready to accept payments.
- Critical imports (i.e.: food, medicine, pollution reduction equipment) should be excluded from the tax. High polluters (i.e.: energy produced from dirty types of coal) should not be excluded even if they are critical.
CONCLUSIONS
This is a pretty simple mechanism.
- Politics and negotiation is eliminated.
- Countries would have a strong incentive towards reducing emissions but have the freedom to approach it in their own ways.
- Can start even with a few signatory countries and grow over time.
- Those below the cap would have an incentive to reduce emissions further as that would increase their 75%.
- Polluters would benefit from signing, since they'd receive "something" when importing from worse polluters, and they could choose to use those funds towards reducing their own emissions.
- Non-signers might avoid the tax when exporting to other non-signers but would be contributing to emission reductions every time they export to signers.
I hope you all find this worth thinking and discussing, modify it to make it more usable and then communicate it those in positions to make it happen or even repost it in other forums.
I want no credit for the idea (assuming you find it worthwhile), I simply care about stopping global warming before self-interested politicians get more of us or our descendants killed by the effects of global warming.
This is just an idea and probably needs to evolve, but it creates a strong incentive to reduce emissions regardless of whether countries join an accord for it:
- Determine what per-capita carbon emissions is required to completely stop global warming.
- Measure each country's per-capita carbon emissions (probably already done) once a year. Use that value for the following year.
- If the exporting country is below the cap, nothing happens.
- If the exporting country is over the cap AND the importing country has lower per-capita emissions then apply a Global Carbon Import Tax (GCIT). Tax % rate to be determined, and proportional to the difference in per-capita emissions. High emitters pay the most, especially when exporting to low emitters. Note that I am saying nothing about what the tax % rate should be, I have no idea... scientists and economists will have to figure what is the right rate to achieve the goals while minimizing any negative effects.
- 25% of GCIT is paid by the exporter company directly to a global UN fund, to be used in emission reduction projects. Projects to be selected by a panel of scientists purely on its merit towards reducing global warming. Projects managed by UN teams with total transparency and public exposure, with no funds ever handed over to a country to reduce misuse and corruption (money goes directly to the individuals and organizations doing the work).
- 75% of GCIT is paid by the exporter company to the importing country *if* the importing country is a signatory of the accord. Low emitters get rewarded this way, and rewarded more the lower their emissions are, even below the cap. If the importing country is not a signatory the 75% goes to the global fund.
- If the importing country is a signatory and the exporting company has not yet paid, customs will not allow the import (already a standard procedure in most countries when import taxes aren't paid).
- Taxation starts 1 year after the initial signing of the accord to give countries and companies time to get ready. After the 1st year signers can activate as soon as they are technically ready to accept payments.
- Critical imports (i.e.: food, medicine, pollution reduction equipment) should be excluded from the tax. High polluters (i.e.: energy produced from dirty types of coal) should not be excluded even if they are critical.
CONCLUSIONS
This is a pretty simple mechanism.
- Politics and negotiation is eliminated.
- Countries would have a strong incentive towards reducing emissions but have the freedom to approach it in their own ways.
- Can start even with a few signatory countries and grow over time.
- Those below the cap would have an incentive to reduce emissions further as that would increase their 75%.
- Polluters would benefit from signing, since they'd receive "something" when importing from worse polluters, and they could choose to use those funds towards reducing their own emissions.
- Non-signers might avoid the tax when exporting to other non-signers but would be contributing to emission reductions every time they export to signers.
I hope you all find this worth thinking and discussing, modify it to make it more usable and then communicate it those in positions to make it happen or even repost it in other forums.
I want no credit for the idea (assuming you find it worthwhile), I simply care about stopping global warming before self-interested politicians get more of us or our descendants killed by the effects of global warming.