Table of Contents
Prerequisite: Notions about technology, economy and the monetary system
1. Precondition to any reform: reducing inequality
Failure to lift low wages is politically unsustainable
Governmental taxation-regulation: stumbling on inequality
Private initiative instead of tax-and-regulate
Thinking out of the box of the tax-and-regulate
2. Taxes on green products: entangled in the system
Taxation up to 50% on green products for rich and poor alike
Other governmental decisions burden green costs
Untaxing green products is not simple
Compensating taxes with subsidies
Taxing out fossil fuels with carbon pricing
Green transition: stuck in inequalities and unfair tax plans
Carbon pricing enacted by geopolitics after 2020
Carbon pricing to spark a green boom overcoming inequality?
3. A tax-free parallel market to reduce inequalities
A parallel tax-free system like the black market
A green-currency exclusively in green‑bank accounts
Control of the green-bank accounts of green-corporations
The rest of the economy unaffected by green-accounts
Individuals can earn green-money and exchange it into regular dollars
The starting point of green-currency
Regulation of the green-currency by the Fed
Limited spending in green-money into the regular economy
Tax-free green-products
Machines and components to build green-products to be included in the green‑market
Cheaper prices of green-products for transparent competition
Green-products manufactured in struggling areas to reduce inequalities
Approving other green-products from suppliers
No tax loss as green-products are nonexistent
Large profits taxed outside the green-market
Tax-free for long
Price of green-products: just tax-free, but not a CO2 emission gauge
4. A new black-money to simplify the control of the green-market
A new black-cent inside green-accounts
Introduction of these black-cents
Tracing oil and coal in the rest of the economy: black-cents fit perfectly with green dollars!
Easier control of green‑corporations
Voluntary green-accounts for regular corporations
Green-accounts as a carbon footprint gauge for voluntary individuals
Black-cents could hurt way less than carbon pricing
Ratcheting up the tax in black-cents: maybe never
5. Make the rich pay more!
Quotas of black-cents before any carbon pricing
A market for unused quotas of black-cents: make the rich pay
Quotas on energy vectors
Conclusion: A monetary solution to reduce inequalities and contain global warming?