11/11/22, The Indicator (10:31)
Link: https://www.npr.org/2022/11/11/1136169902/the-carbon-coin-a-novel-idea
Summary: The latest Intergovernmental Panel on Climate Change (IPCC) report is out, and the scientists have delivered their “final” warning, calling for aggressive actions to reduce carbon emissions. This episode of The Indicator which aired during last fall’s COP27 climate summit explores a radical but intriguing idea– the “Carbon Coin,” which leverages the power of monetary (and fiscal) policy to bring about large-scale carbon reduction. The accompanying exercise explores the carbon coin and how it compares to currency that we know and use today?
audioecon 