The Numbers

Don’t be afraid of big numbers. We are a lot of people.

In short...

… when compensating $ 250 /tCO2.

on 35 gigatons CO2 / per year from fossil fuel only (2016)

the compensation is close to $9 trillion

per 7,4 billion people (2016)

it is about $ 1.200 /year per capita.

 

Rebalancing earth effects pollution and poverty at the same time.

Consumers that cause pollution compensate everybody else with $250/tCO2 (outgoing compensation). Based on 35 Gt/CO2 (fossil fuel only) this means about $ 1.200 for everybody (incoming compensation).

Top consumption individuals will see a moderate cost increase of below 10%, while for most people in the middle income range the sum is 0.

For the bottom 50% income group it is an increase of 52% in average.

It will end extreme poverty.

 

 

 

Compensation is rebalancing.earth

rebalancing.earth collects the true value of natural resources by charging the true price for consumption.

  • Everybody compensates the same $ 250 per tonne of CO2.
  • Everybody gets the same share of $ 1.200 per person from the compensation pool.
  • Gender, age, nationality, race, religion, profession, do not matter.

Example:

  • There are 73 Mio. people on earth in the top 1% earners group.
  • They earn an average of $ 256.000, wherever they live.
  • They also cause 73,56 t of CO2 with their consumption.
  • The trueprice of a t of CO2 is $ 250.
  • With their consumption they will pay $ 18.391 compensation.
  • They also get $ 1.200 from the pool, like everybody else.
  • So their ballance is $ -17.191, if they do not adjust their consumption.
  • That is about -7% of their income.

Only the consumption of products and services that were produced using natural resources come with a compensation element.

All products that were produced on basis of renewable energy are free.

The Basic facts

The compensation calculation combines scientific data with the proposed 250 $ / ton CO2 compensation.

The value of 250 $ was set due to the folling cosiderations:

  • actual cost for CO2 sublimation or CO2 extraction is about $ 500
  • the outgoing impact for the average person per income group should be below 10% of income
  • the incoming impact should elevate everybody above the extreme poverty level

As actual data for the spread of income and the emissions per income group is hard to get, we had to use the 2016 numbers. The data was aggregated by the Stockholm Environmental Institute (SEI) as part of the Emission Inequality Dashboard.

Just as context: “The Value of the world”

According to World Bank there are four main asset classes: Human capital, produced capital and natural capital.

Human capital is defined as the total value that is economically desirable, which all individuals potentially can produce in their reaining lifetime 

Produced capital consists of the man-made goods as well as all financial assets that are used to produce goods and services consumed by society In other words, all unnatural things of value in the world.

Natural capital is the productive value of nature. While the produced capital is what makes rich people rich, the natural capital is our common heritage.

We don’t want to touch on produced capital ownership. But we want compensation for the pollution and destruction of nature.

Source: World Bank

 

 

 

Topic

Description

Value

Metric

Total Global CO2

that humanity deplated in 2016

35

GtCO2

Compensation outgoing

that consumers have to compensate

$250

t/CO2

CO2 based Compensation

outgoing and incoming

Total amount of incoming compensation

$8.850

Billion $

Population

all the human beings on earth 2016

7.341

Mio people

Compensation in

what every human receives

$1.200

per capita

2018

Description

US$ (billions)

Percent (%)

Total wealth

1,152,005

100

Produced capital

(buildings, factories, machines etc)

359,267

31

Human capital

(potential productivity)

732,179

64

Natural capital

64,542

6

Renewable natural capital

(ecosystems)

35,586

3

Nonrenewable natural capital

(fossil fuels, minerals etc.)

28,956

3

Distributed Value

Amount of compensation that was collected and redistributed

FOUNDERS

Number of people that founded the movement

Contributors

Number of people that contributed in one of the communities

Donators

Number of people that have donated to the movement.

Events

Spread the word events held by members or supporters of the movement

Views

View of YouTube videos

Retweets

Retweeds of our messages through Twitter

US$

Total value in US$ equivalent that was given by the donators to support the movement.