"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. Since the pollution of the atmosphere with greenhouse gases is closely linked to the consumption of fossil primary energy sources, these are assessed and certified in terms of their specific contribution to emission. 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.

 

All parties involved in production, transport and other sub-processes along the entire value chain calculate the amount of ECO consumed (in the same way as money) for their sub-process and charge this amount to the next party. For this purpose, companies receive an ECO clearing account.

 

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