EcoCore focuses on several research topics, collaborating with researchers at various academic institutions working in this field. We are looking for post-docs, doctoral researchers, masters students and similarly diploma or undergraduate students interested in this area.
We are particularly interested in economic modelling with the Minsky system dynamics package to investigate potential economic scenarios with a carbon currency based on carbon allowances, and the various facets of the policy as a dual currency monetary system. This is one subject of our current fundraising goals.
There is a significant amount of documentary and academic literature on many levels covering the concept of carbon allowances, personal carbon trading, tradable energy quotas, national emissions allocations, internationally negotiated emissions reductions reflecting historical emissions, and a fair transition to a zero carbon world.
Policy action to date has been limited to some instances of carbon taxes and carbon pricing, all of which affect the poor more than the rich. For example, the inequities of the carbon tax measure in France caused the “Yellow Vests” protests. Such proposals float the concept of compensating the poor for higher taxes or prices, but the compensation mechanisms are rarely enacted, would be slow in practice, and leave the poor no better off, either absolutely or relative to the rich.
The carbon currency based on carbon allowances policy would, we believe, benefit the poor substantially and not adversely impact middle income citizens – data shows that the average carbon footprint is actually significantly higher than expected due to extreme quantities of CO2 emissions produced by wealthy people. The ability to sell carbon tokens to supplement one’s income should result in a political popularity for combating climate change this way. We want to support our claims for carbon allowances with economic modelling and projections.
If you are interested in either collaborating on research or funding it, please get in touch.