If you want to do something for climate protection, you have to reduce your carbon footprint - that's the conventional wisdom: buy locally, use LED lamps, consume less ... But the bitter truth is that we won't stop the earth from heating up with individual CO2-saving tips.
The dilemma:
in the current system, we cannot consume in line with our budget because there are hardly any climate-friendly consumption alternatives and the savings from doing without are small. Put an end to powerlessness!
Instead of focusing on insignificant consumption trifles and a collective guilty conscience, we need to use more effective levers. Because the possibility of self-efficacy in our actions will be a decisive key to the acceptance of climate policy measures. The ECO climate currency offers an exit strategy that reliably guarantees the achievement of an agreed emissions reduction target and makes the individual a decisive player in the fight against global warming. The system is based on a fair quota system for personal emissions and thus defines the ecological guard rails within which everyone can decide for themselves how they integrate climate protection into their lives - and not whether. The ECO climate currency also serves as an ecological basic income and thus limits the consumption-based use of fossil fuels. This is because personal, tradable CO2 budgets work better than any bans or state or regulatory interventions, such as measures to increase prices through a CO2 tax. This is because citizens' approval dwindles significantly as soon as climate policy measures affect their personal comfort zone or wallet.
"Thanks to the market-based approach of the ECO climate currency,
the most suitable methods and technologies that achieve the
greatest reduction in emissions with the least effort
are automatically applied."
In addition, personal emission quotas relieve politicians of the need to develop and implement small-scale and often unpopular regulatory measures, which are often withdrawn after protests from citizens or the opposition, or (have to) be watered down to the point of meaninglessness. Market-based mechanisms ensure that climate-friendly consumption alternatives are available to consumers in sufficient quantities much more quickly. They create the necessary supply to meet the rising demand for climate-friendly consumption alternatives.
The result: an incentive system for climate-friendly behaviour at an individual level and also an intrinsically driven motivation for companies to defossilize. The plan is ambitious, starts initially at EU level and combines national interests with global responsibility. It is a paradigm shift in climate policy - away from selective regulations and towards a holistic, systemic approach that removes the inherent interdependence between business and politics.
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