The idea: an ecological basic income

The limits of renunciation

In Germany, the average CO2 consumption per person/year is around 9.7 tons. In order to meet the climate targets, we need to get below 2 tons. This corresponds to a reduction of about 80%. It is obvious that this can't be mastered with restriction and renunciation.

However, the current price increase measures of politics mainly rely on renunciation - but with renunciation we do not create realistic options for action so that we consumers can consume in a climate-friendly way. This will only work if the manufacturing processes of our consumption generally become greener and more climate-friendly.


We need EFFECTIVE climate protection NOW. However, voluntary personal downsizing is not enough for large-scale change. Taxes only increase prices. They do not guarantee a reduction in harmful gases. What we need is an entire world community system approach. Imagine every person on Earth has an identical monthly allowance of ecologically permissible carbon. True to the motto "equal rights for all". Controlled by the introduction of a resource currency "ECO" (Earth Carbon Obligation).

 

ECO puts a price on the factual amount of primary fossils fuels (coal, oil and gas) it takes to create a given product or service, from raw material extraction and production, from transport and marketing, to the consumer. This is your ecological salary.

 

Therefore, we've developed the "Alternative Climate Concept".

Conceptual superiority compared to EU-ETS and CO2-tax


The idea of this climate concept is based on the Cap, Personalize and Trade principle of CO2e emissions. It describes the introduction of a rationed carbon re-source currency ECO (Earth Carbon Obligation) as a free basic ecological income for all. This budget of CO2e emissions will be quantified at a multinational level, based on a scientific expert model, and shared equitably among all. The total volume will be verified cyclically and adjusted flexibly.

 

 

The parallel currency ECO enables the pricing of each item with a separate emissions price tag. This makes the ecological footprint of our CO2e consumption quantitatively visible, because the ECO includes all emissions that occur along the value chain. This actual amount of CO2e from fossil fuels (and other climate-impacting gases) that a product or service requires can now be accounted for on a cause-based basis.

 

This gives the atmosphere as an environmental good a material value. Thanks to the newly gained transparency, each of us now has the personal freedom to decide what to spend our rationed quota of emissions on and how to integrate climate protection into our lives. 

 


The basic principle of this alternative climate concept is the assumption of the finiteness of ecosystems as a sink for our fossil climate gas emissions and the equal right of every human being to (exploit) a fairly rationed, ecologically compatible quantity of climate gases.

In this context, the atmosphere represents a common property. The limited nature of this resource for carbon uptake (sink) is mapped by an equally limited carbon resource currency ECO, which is consistently linked to the purchase of consumer goods and services.

 

The damage caused by climate gas emissions is currently not priced in at all. Accordingly, climate protection also means that every consumption, according to the polluter pays principle, must be quantified with its actual resource price, for which, however, the conventional currency systems in euros, dollars, yen, ... are unsuitable, since the money supply of the established currencies can be expanded if necessary.


The additional currency ECO stands for the obligation to extract and ultimately burn only enough carbon in the form of fossil primary energy sources (coal, oil and gas) through appropriate regulations (rationing) to stop global warming. The price of this complementary

currency depends on the polluter-pays principle, on the intensity of the consumption of fossil resources coupled with the production of the goods or the provision of services, and on the associated emissions (source).

 

The advantage of a climate trade that is broken down to the smallest unit in the market, namely the end consumer, lies in its enormously fast control potential. This is because the change in the purchasing behavior of the large mass of consumers makes the industry's production processes more environmentally compatible.

 

The concept also provides answers to the questions of the necessary state control, as well as to the import and export of goods and fossil energy sources with third countries that are not yet integrated into the ECO resource currency system. It also shows why it is conceptually superior to taxation and the current EU emissions certificate trading system.



CAP, PERSONALIZE AND TRADE

Explanation sketch

Rationing:

Every global citizen has an equal right to emit greenhouse gases through his or her consumption. These emissions must be quantified and rationed, as the atmosphere can only tolerate a certain upper limit. Accordingly, every citizen receives a certain, equal, environmentally compatible quota of personal emissions, which is made available for his or her consumption in the form of an ECO budget.

 

m-max.:

„m-max.“ symbolizes the maximum mass of greenhouse gas emission that ecosystems can cope with without global system starting to collapse. This mass is determined and defined on a scientific basis.

 

Climate bank:

The output of fossil primary energy sources is transferred to the supranational climate bank using the carbon resource currency ECO according to their certified climate gas share. The climate bank manages the private and commercial climate accounts and pays out the rationed budget to ECO to each citizen monthly free of charge as an ecological basic income. This climate-friendly budget can be:

  • consumed free of charge
  • sold proportionally to someone who needs more than the quota of climate gas
  • increased if necessary, by purchasing from someone who does not use up all of his or her quota.

 

ECO: 

Our conventional money alone is inadequate to account for the strain on ecosystems from our consumption. That is why we urgently need another quantification system, a complementary carbon currency. There are many products in our modern consumer society that can be manufactured economically and are therefore sold cheaply, but whose manufacture or operation involves high ecological costs for the environment.

 

Climate account (private):

Every citizen of full age receives a personal climate account at the climate bank to record and account for his consumption. This account is topped up monthly in the form of an agreed ECO amount equal to each person.  

 

Climate exchange:

Citizens are entitled to trade with their ECO on the Climate Exchange. Even unused ECOs can be sold for money or additionally required ECOs can be purchased. Companies are not allowed to trade on the climate exchange in order to prevent distortions caused by incorrect pricing for the purpose of enrichment.

 

ECO clearing account (industry):

All entities involved in production, transport and other subinstances within the entire value chain calculate the consumed ECO (analogous to money) for their subprocess and invoice each of them to the following entity. For this purpose, companies receive an ECO clearing account.

 

Certification:

The fossil fuels coal, oil and gas do not contribute to the greenhouse effect to the same extent. Therefore, they are assessed and certified with regard to their specific contribution to emissions (CO2e). This results in different ECO costs.

 

Limitation:

The production volumes of these fossil energy sources are subject to a market economy limitation due to the closed cycle system of the carbon resource currency, in which no more may be spent (produced) than can be paid with the limited currency. Within this cycle, the costs of promoting fossil energy sources must ultimately be covered by the payment of the consumers. 

 

Compensation:

When suitable measures (e.g. technical or ecological measures) are taken to partially absorb the greenhouse gases, the total ECO budget can be increased accordingly, or reduced again if the ecosystems are weakened.

 

 

 

 

 

(The reading time for the detailed climate concept is about 25-30 minutes)