"Check please!" - all products and services must have an emission price tag attached
Of course, a functioning company must calculate a realistic price for every item in order to cover its costs and not be in the red. But also our environment must not make a mess of our consumption in order to be preserved. We have to start by considering what price the climate pays for our consumption. Because we should also calculate a reasonable value for this. Pricing creates a healthy transparency. The consumer gets a tangible idea of the climate impact associated with his or her personal consumption. Because everything has two prices, one economic and one ecological. These two values do not necessarily have to correlate. An item may be
economically producible for a very low price, but it may be very damaging to the environment. Each product and service have a separate emission price tag on it, in addition to the normal price. This always takes into account the total greenhouse gas emission generated during the entire production process, right up to the finished article on the retailer's shelf. Starting with the CO2-emission associated with the primary energy input for material extraction, through all production steps to packaging, storage, cooling and the entire transport chain.
Unlike our unnecessarily complicated and opaque tax system, you should try to keep the carbon billing system as lean and simple as possible. True to the motto "keep it short and simple". The climate gas share is broken down to each individual item. The pollution of the atmosphere with greenhouse gases is closely linked to the consumption of fossil primary energy sources. The amount of CO2 produced by their combustion is scientifically known and is expressed as a CO2 equivalent using the ECO. The output of these fossil energy sources is subject to a market economy limitation by the closed loop system of the carbon resource currency, in which no more may be spent (extracted) than can be paid with the limited currency. Within this cycle, the costs for the promotion of fossil energy sources must ultimately be covered by the payment of the consumers. The carbon resource currency circulates in a closed loop system between the climate bank, the climate accounts of the consumers, across all value creation instances, up to the extraction of the fossil primary energy sources.
How is the ECO price calculated?
Each process stage within the value chain calculates the ECO price of its product by dividing the sum of all upstream stages by the number of units produced.
There cannot be any CO2 components hidden in a product that are not included in the final ECO price, other than those charged via the numerous upstream stages of the value chain. Even the CO2 content, of the smallest screw, is integrated in the ECO final price and therefore visible to the consumer. Due to the very high smallness of the calculation, ALL sub-stages of the value chain are included. This ensures a high-quality information about the contained CO2 values. Much better and more precise than any CO2 calculator app could do.
Any extraction of fossil primary energy sources must be quantitatively transferred to the Climate Bank with its ECO equivalent (according to the following table). The ECO price is based on the assumption of a scientifically determined maximum of currently approx. 2 tons of CO2-emissions/person/year to stop global warming. The only necessary governmental monitoring takes place for the produced amounts of coal, oil and gas.
Scientific values (exemplary):
|
lignite: |
3,25 kg CO2/kg |
32,5 ECO/kg |
4,17 kWh/kg |
0,779kg CO2/kWh |
7,79 ECO/kWh |
|
hard coal: |
2,68 kg CO2/kg |
26,8 ECO/kg |
8,06 kWh/kg |
0,333kg CO2/kWh |
3,33 ECO/kWh |
|
petroleum: |
2,30 kg CO2/kg |
23,0 ECO/kg |
11,40 kWh/kg |
0,202kg CO2/kWh |
2,02 ECO/kWh |
|
natural gas: |
1,50 kg CO2/kg |
15,0 ECO/kg |
10,29 kWh/kg |
0,146kg CO2/kWh |
1,46 ECO/kWh |
Basic assumptions:
- To stop global warming, a maximum of about 2 tons of CO2-emissions per person/year is available.
- This corresponds to 166 kg CO2-emissions per person/month
- 1 kg CO2-emissions costs 10 ECO
- Monthly transfer of the climate bank 1.660 ECO per person/month
All sub-instances involved in the extraction of raw materials, production, transport and other activities within the entire value chain calculate the ECO expended (analogous to money) on a pro rata basis for their sub-process and invoice these to the subsequent instance(s) in each case. This is because the final ECO price of each product or service includes all CO2-emissions that have occurred along the entire value chain.
The CO2-emission that occurs during production is shown on the article via the greenhouse gas price tag. The emission share, that is generated by the operation of a product, such as a car or an electric lawnmower, is settled via the greenhouse gas price of the fuel or via the electricity price.
The consistent recording and posting of the resource currency ECO is effective, detailed and absolutely tamper proof.
Since companies are excluded from ECO trading on the climate exchange, there is no incentive to mark up goods or services with unrealistically high ECO prices. This is because an ECO surplus
cannot be capitalized, since too much ECO collected cannot be sold on the climate exchange. In addition, unrealistically high ECO prices put consumers at a competitive disadvantage relative to
competitors because their limited ECO budgets would make them more likely to prefer ECO-favorable alternatives from competitors.
Unrealistically low ECO pricing would also not be possible. Although such goods and services would sell better than those of the competition, too low ECO revenues would inevitably mean that soon
the bills of upstream suppliers and subcontractors could no longer be paid. Just as with normal money, calculations must be realistic in order to cover costs. Thus, by excluding industry from ECO
trading, the ECO system is exceptionally tamper-proof.
This video describes the interrelationships in a somewhat more entertaining way:
Whatever the industry, aircraft, cruise ships or factory farming currently blow up in the air, the market will regulate it in no time at all. We end consumer will no longer consume all the climate-damaging products and services in order to protect our personal climate account balance. As demand is now predominantly for climate-friendly products, industry will react very quickly and switch to environmentally friendly products and production methods. It will suddenly become worthwhile to push forward technologies such as Power to Gas, for example, in order to drive our industry and airplanes in a more climate-neutral way and thus make them more ECO-affordable for the consumer. Green electricity, for example, will be much more in demand than cheaper coal-fired electricity, and regional products will experience an enormous upswing, compared to exotic products from far away.
As a side note, an enormously positive side effect of a climate prize is the improvement of the living conditions of farm animals. Climate-friendly and at the same time regional, healthy fruit and vegetables are more popular. Holidays in the surrounding area become more attractive again. Domestic industry, with its shorter transport routes, experience an unexpected upswing. And all this without trade protectionism and populist nationalist sabre-rattling.
A good system is always also extremely simple. The whole issue of climate gas is shifted exclusively to the end product and the associated complete value chain, and thus to the consumer. A very lean, because universal, enormously effective, because easy to implement, unbeatably effective, because (climate) needs-based and last but not least also very fair principle for our entire society.
This page was translated with the help of DeepL
Copyright:
The copyright of all contents of this website lies solely with us. However, we expressly agree that the texts and graphics, including excerpts, may be used or distributed.
