DMany NGOs have decided to boycott the next COP28, scheduled for Dubai in December. There is something ! Supposed to relay the 2015 Paris agreement – which provided for an end to the use of oil to curb climate chaos – the next COP is organized by an oil country, and the European Commissioner for Climate Action sent through Brussels, [le Néerlandais Wopke Hoekstra,] is a former Shell and McKinsey employee.
Let’s propose a powerful counter-fire. We will soon celebrate the 80e anniversary of the Bretton Woods agreements, which organized the global economic system following the Second World War. In 1944, everything had to be rethought after the collapse caused by the war in the belligerent countries. Today, the collapse has become global, with already ten times more hurricanes, floods and fires than then. And this is only the beginning, climate chaos and the collapse of biodiversity are proving exponential.
Let us push the World Bank, the International Monetary Fund, the UN, the OECD – all these institutions created in the post-war wave of hope – to convene a new Bretton Woods of all the world’s decision-makers. Let us dare to have an additional “currency” mechanism carbon” which could be proposed to each country, ready to start locally as soon as public opinion is ready. Let us really call on the entire planet to adopt this global mechanism for creating national carbon currencies that are harmonized among themselves and express, in each country, the management of greenhouse gas emissions.
This mechanism consists of defining for each country a mass of “currency carbon”, equal to the climate footprint of the country, and to distribute this currency in equal parts to all inhabitants, while setting an annual reduction of 6% or 8% of this mass, depending on the country. In France, for example, we are at 604 million tonnes of CO equivalent2 (CO2e), to be distributed among the 68 million French people at the rate of 9 tonnes per person per year, or 9,000 “carbon points” (Ͼ) distributed to each. At the same time, everything will have to be double labeled, euros and carbon points (Ͼ), since these Ͼ will be necessary to “pay” for the carbon content of all products and services.
Neutral for businesses
Starting country by country, the mechanism can become European or global as soon as the climate footprint levels which determine the annual reduction rate converge. This must be 6% for France which starts at 9 tonnes of CO2e per person per year, while Romania, with 5 tonnes, only requires an annual reduction of 4%, Germany, with 12 tonnes, of 7%, and the United States, with 18 tonnes, of 8% (see details on the site Carboncount.cc).
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