How we reduce pollution and poverty at the same time
In a nutshell...
… every consumer reduces their pollution to 0.
If this is not possible, every consumer pays for their pollution. Starting with $ 250 /tCO2.
Everybody on earth who has registered sybil-proof on PoH will benefit with about $ 1.200 /year.
Organisations will raise their prices to factor the compensation in. Consumers pay the price.
Strong consumers are usually rich people who can easily afford to consume less or pay more.
For poor people, little money goes a long way to help them survive.
Everybody will make smarter consumption decisions that drive down pollution.
For starters, we set the price of a ton of CO2 emissions at $250. That's about half of what it costs to recover CO2 from the air or sublimate it with CO2-neutral fuels. After centuries of beeing free of charge, 50% is a good start. Depending on the impact this number will be adjusted.
TruePrices for products are overdue
For too long, retail prices for things like clothing have been super cheap because societal costs have been factored out of the retail price.
When a product is sold at a real price, a fraction of the price is factored in as compensation.
Facture in nature as early as possible in the value chain
The value chain of most products includes the value chain of fossil fuels. If we factor in the compensation at any point of the value chain, we end up with true prices. There were only about 250 companies in the world that account for more than 80% of fossil fuel trading. Their compliance would make it simple to get true prices for all products.
Compensate your pollution by burning UBI
All consumers compensate for the environmental damage they cause by purchasing UBIs of the appropriate value, for example, $ 250 worth of UBIs for one tonne of CO2 produced during airline travel. Then they "burn" the UBIs here: https://ubiburner.com/. This leads to the currency being revalued and the value flowing to those affected.
Contribute sending ETH to this contract.
PoH is a DAO for universal income in the blockchain
PoH is a Democratic Autonomous Organizations, that is controlled by its users by one human - one vote. Disputes are resolved with Kleros, the justice protocol that is independent from nation states and regional legislations. It is purpose build to solve disputes in the virtual world.
Environmental reporting proofs compensation adequacy
The IFRS sets the global standards for financial reporting. At COP26 there was huge support for the ISSB (International Sustainability Standards Board) and its work programme to develop a set of internationally consistent, high-quality, and reliable baseline standards for disclosure of sustainability-related information on enterprise value creation. The CDSB, the Value Reporting Foundation, the TCFD and the IFRS will set standards of reporting to enable proof of compliance.
Common understanding and agreement
Some will like the idea, some will contribute to the improvement of rebalancing.earth, others will dislike it.
Consumers can choose their purchases
We make it work together or we fail together.
The UIO was chartered to represent humanity
The united individuals organisation represents all people on earth. Everybody is automatic passive member. After proving unique digital identity with Proof of Humanity or equivalent protocoll everybody is entitled to become active. The UIO is meant to become the institution that represents humanity when talking to nation states and other special interest groups.
When the value of nature is added to all products and services, prices become true prices. True prices will be higher, and higher prices usually lead to less consumption and thus less pollution.
Consumers pay for the CO2 content in their consumption. Compensation can take place at all levels of the value chain or subsequently by the consumer.
The value will be distributed to all human beings in equal parts. Here the reverse effect comes into play, the most needy benefit proportionately the most, since for them even very small amounts have a great effect.
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- price tag: Böll Stiftung | CC BY-SA 3.0 Unported
- Service-True-Price: trueprice.org | All Rights Reserved
- compensation: © https://rebalancing.earth
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