Bank of Canada accelerates work on digital currency amid pandemic
(www.reuters.com)
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If we take that petrodollar model, could we apply it to carbon credits/tax? The government gives out UBI and collects the money back by charging a carbon tax on every step and every piece of industrial society? There is demand for carbon tax since it’s basically a derivative of demand for energy. The cult of climate change demands paying for “our sins” which would be a carbon tax, and the money goes... somewhere. Could this be a possible play?
In that case I think we are seeing the beginnings of it with carbon taxes. Food and water may come in time. Step by step, little piece by piece, the government slowly imprisons us.