Carbon Pricing with a Green Fund

Let every country say what they would agree to. Then the best coalition is formed.

I’m working with Carl Rasmussen on a new version of the climate proposal describe Global Carbon Pricing by the four editors.

Rasmussen is working on a way to let every country describe the combinations of Carbon Price and Green-Fund Transfer that they would find acceptable. Then the Coalition Coordinator would figure out the best (C-Price, GF-Tansfer) pair based on maximizing the total amount of carbon that would be priced by all the countries that found that pair acceptable.

Green-Fund Transfers: These are based on a country’s carbon-emission rate, compared to the global-average emission rate per capita. Countries with a higher rate pay into the fund and those with a lower rate receive from the fund.

Play with it here. (a work in progress)

The End