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Submitted by Tony Thompson on
I think this is a great way to go. But why stop at the national level? Imagine a carbon tax both levied and distributed globally which allocates a notional right to consume carbon to everyone on the planet, taxes excess consumption and redistributes to those who under-use their allocation? As Shanta mentions, the technology to distribute funds is already in place. It would redistribute funds to the poorest, not as charity, but as a rightful return on their "stock" in "Corporation Earth". It would combine poverty reduction with climate change mitigation - the two biggest challenges facing humanity today! Tony Thompson