"This is a rare chance for systemic change," writes Mike Sandler. "Will we be able to achieve systemic solutions instead of half measures or symbolic but meaningless “show” achievements that do not help people in tangible ways?"
This submittal from Feasta calls for an upstream permit system to ensure that fossil fuel supply is gradually phased out in the northeastern and Atlantic U.S. States, along with a per-capita distribution of revenue from the sale of permits. It also emphasises international climate justice.
This submittal makes a series of recommendations with regard to carbon pricing and international climate justice, deriving from the research behind the Feasta Climate Group's Cap and Share and CapGlobalCarbon initiatives.
"Christine Lagarde will have immense power to lead the transformation of the world’s economic system to one that supports the 99% and keeps the world below the 1.5 degree climate threshold. Will she use that power for good?" asks Mike Sandler.
A recent article in the Ecologist magazine by Laura Bannister and Paul Harnett advocates capping carbon on a global basis and distributing the proceeds from the sale of fossil fuel permits. This approach is along the same lines as the Feasta climate group’s CapGlobalCarbon initiative. The article also contains other useful analyses and links: https://theecologist.org/2019/aug/06/basic-income-and-global-commons
Mike Sandler, who is heading the CapGlobalCarbon delegation to COP-25 in Paris in December, has just posted an article in the Huffington Post that explains how CapGlobalCarbon would help to achieve the Pope’s vision.